answersLogoWhite

0

What financial responsibility?

Updated: 9/27/2023
User Avatar

Wiki User

6y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What financial responsibility?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which is NOT a type of financial responsibility in relation to California Compulsory Financial Responsibility Law?

A winning lotto ticket


How do you see the role of society today - south Africa?

Social responsibility Religious responsibility Financial responsibility Political responsibility


What is California vehicle registration financial responsibility program?

The registration financial responsibility program requires that vehicles have proof of insurance(the financial responsibility) at all time. If you have a lapse in this coverage the insurance company can report you to the DMV in which case they suspend your registration.


What is every citizens financial responsibility?

obama


What law requires you to maintain financial responsibility for your actions when you drive?

The law that requires individuals to maintain financial responsibility when driving is known as the Financial Responsibility Law. This law ensures that drivers have the means to cover costs associated with accidents or damages they cause while operating a motor vehicle. Failure to comply with this law can result in fines, license suspension, or other penalties.


What will the DMV accept as proof of financial responsibility?

"Financial responsibility" in DMV-speak, has nothing to do with how much money YOU have. It is a reference to a valid auto insurance policy issued in your name.


What will DMV accept as proof of financial responsibility?

"Financial responsibility" in DMV-speak, has nothing to do with how much money YOU have. It is a reference to a valid auto insurance policy issued in your name.


When must you comply with the Financial Responsibility Law?

all times


When must you have proof of financial responsibility?

Every time you drive


As a driver you have responsibility for any damage or injuries you cause?

Financial


What are the 3 R's of financial literacy?

Reality, responsibility, and restraint.


Proof of financial responsibility must be maintained by?

All Drivers