Which one (1) of the following statements is true under Ontario Automobile Insurance legislation? OA) The right to sue for pain and suffering is limited to death, permanent serious disfigurement, permanent serious impairment of an important physical, mental or psychological function. OB) Injured persons have no right to sue for health care expenses. OC) The threshold applies to economic income losses. OD) Income Replacement Benefits are not paid for the first ten (10) days of disability.

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Which one (1) of the following statements is true under Ontario Automobile Insurance legislation?
OA) The right to sue for pain and suffering is limited to death, permanent serious disfigurement, permanent serious
impairment of an important physical, mental or psychological function.
OB) Injured persons have no right to sue for health care expenses.
OC) The threshold applies to economic income losses.
OD) Income Replacement Benefits are not paid for the first ten (10) days of disability.
Transcribed Image Text:Which one (1) of the following statements is true under Ontario Automobile Insurance legislation? OA) The right to sue for pain and suffering is limited to death, permanent serious disfigurement, permanent serious impairment of an important physical, mental or psychological function. OB) Injured persons have no right to sue for health care expenses. OC) The threshold applies to economic income losses. OD) Income Replacement Benefits are not paid for the first ten (10) days of disability.
A client who is currently conducting their business as a sole proprietorship is considering incorporating their business.
What would be of most benefit to the client?
OA) The client would not be personally liable for the risks within the business
OB) The client would have more competitive insurance premiums
OC) The client would pay less tax
OD) The client will have more insurance options available for their business
Transcribed Image Text:A client who is currently conducting their business as a sole proprietorship is considering incorporating their business. What would be of most benefit to the client? OA) The client would not be personally liable for the risks within the business OB) The client would have more competitive insurance premiums OC) The client would pay less tax OD) The client will have more insurance options available for their business
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