Question

There are 3 potential types of loss for ownership/operation of an auto

Answer 1

The three potential types of loss for ownership/operation of an auto include minor losses, medium-sized losses, and large losses.

Step-by-step explanation:

The subject of this question is Business. The question is asking for the three potential types of loss for ownership/operation of an auto.

1. Minor losses: These include things like door dings or chipped paint, which may cost $100 each.
2. Medium-sized losses: These are accidents that cause average damages of $1,000.
3. Large losses: These are accidents that result in damages costing $15,000.