514 According to the regulations of the Compulsory Automobile Liability
Insurance Act, if the obligated party fails to obtain insurance or does not renew
the insurance policy upon expiration, which of the following is correct? (A)
The obligated party shall be exempt from penalty fines (B) The obligated party
shall be subject to penalty fines (C) Vehicle registration suspended in the event
of a car accident involving an uninsured vehicle.
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