3) Steve just traded in his old car for a new Tesla. To help him pay off the monthly car loan, insurance premiums and gas, he is looking to be a driver for Uber as a night gig, after his full-time day job. He is 24 years old, and is a night owl, and thinks this is better use of his time than staying up late playing video games. As a resident of Québec, which statement(s) are true? When driving your car on the road, you are always required to have your private ☐ insurance certificate, your driver's licence and your car registration certificate with you. 11) Québec law requires that all vehicle owners hold a civil liability insurance policy of at least $50,000. This mandatory basic insurance covers property damage you may cause to others. 111) All Québecers are covered by Québec's public automobile insurance plan. IV) Québec's automobile insurance plan is no-fault coverage for everyone, regardless of who is responsible for a given car accident. V) Personal auto insurance policies specifically exclude coverage when you are driving for a business purpose, such as driving for Uber where drivers are responsible for informing their broker or insurance provider they are participating in ridesharing or delivery activities. VI) Auto insurance premium is based on a number of factors, such as the value of the car, driving record, coverage, deductible. I, II and V b) I, III, IV and VI c) II, III, IV, V and VI d) I, II, III, V and VI e) All responses
3) Steve just traded in his old car for a new Tesla. To help him pay off the monthly car loan, insurance premiums and gas, he is looking to be a driver for Uber as a night gig, after his full-time day job. He is 24 years old, and is a night owl, and thinks this is better use of his time than staying up late playing video games. As a resident of Québec, which statement(s) are true? When driving your car on the road, you are always required to have your private ☐ insurance certificate, your driver's licence and your car registration certificate with you. 11) Québec law requires that all vehicle owners hold a civil liability insurance policy of at least $50,000. This mandatory basic insurance covers property damage you may cause to others. 111) All Québecers are covered by Québec's public automobile insurance plan. IV) Québec's automobile insurance plan is no-fault coverage for everyone, regardless of who is responsible for a given car accident. V) Personal auto insurance policies specifically exclude coverage when you are driving for a business purpose, such as driving for Uber where drivers are responsible for informing their broker or insurance provider they are participating in ridesharing or delivery activities. VI) Auto insurance premium is based on a number of factors, such as the value of the car, driving record, coverage, deductible. I, II and V b) I, III, IV and VI c) II, III, IV, V and VI d) I, II, III, V and VI e) All responses
Chapter6: Business Expenses
Section: Chapter Questions
Problem 33P
Related questions
Question
Transcribed Image Text:3) Steve just traded in his old car for a new Tesla. To help him pay off the monthly car loan,
insurance premiums and gas, he is looking to be a driver for Uber as a night gig, after his
full-time day job. He is 24 years old, and is a night owl, and thinks this is better use of his
time than staying up late playing video games. As a resident of Québec, which statement(s)
are true?
When driving your car on the road, you are always required to have your private
☐ insurance certificate, your driver's licence and your car registration certificate with you.
11) Québec law requires that all vehicle owners hold a civil liability insurance policy of at
least $50,000. This mandatory basic insurance covers property damage you may
cause to others.
111) All Québecers are covered by Québec's public automobile insurance plan.
IV) Québec's automobile insurance plan is no-fault coverage for everyone, regardless of
who is responsible for a given car accident.
V) Personal auto insurance policies specifically exclude coverage when you are driving for
a business purpose, such as driving for Uber where drivers are responsible for informing
their broker or insurance provider they are participating in ridesharing or delivery
activities.
VI) Auto insurance premium is based on a number of factors, such as the value of the car,
driving record, coverage, deductible.
I, II and V
b) I, III, IV and VI
c) II, III, IV, V and VI
d) I, II, III, V and VI
e) All responses
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