I am changing a blown powerhead on a 2001 125 Merc I-4 for a friend. The motor was ran with no oil, the resovoir went empty and no alarm sounded. I just checked it out and the horn appears to be bad, it just makes a squeak when I ground the temp sensor wire. My question concerns the module that monitors the oil level and rotation of the pump shaft. Does this module have the ability to shut down the engine on fatally low oil level? Does it just make the horn blow? 