In states that adopted modified no-fault laws, there are two types of modification.This modification has a financial limit under which no fault is assigned.When the claim is over this amount, the at-fault system kicks in.Identify this type of modified no-fault.
A)Pure threshold
B)Affirmative threshold
C)Monetary threshold
D)Add-on threshold
E)Verbal threshold

Question

Quizplus · Accepted Answer

The monetary threshold modification in no-fault laws means that no fault is assigned for claims under a specific dollar amount. When the claim exceeds this amount, the traditional at-fault system applies, allowing the injured party to sue for damages.

In States That Adopted Modified No-Fault Laws, There Are Two