An Owner Purchases a $100,000 Parcel of Property but Only

question 27

Multiple Choice

An owner purchases a $100,000 parcel of property but only insures for $60,000. There is a partial loss under the policy of $30,000. Under the coinsurance rules, the title insurance company would be liable for the following claim:

• A) $30,000.
• B) $12,000.
• C) $18,000.
• D) $24,000.

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Definitions:

Detrusor Muscle

A smooth muscle layer of the urinary bladder wall that contracts to expel urine.

Renal Pyramids

Cone-shaped tissues in the kidneys that process liquid waste and play a critical role in urine formation.

Renal Medulla

The innermost part of the kidney that consists of renal pyramids and nephrons where urine formation takes place.

Renal Hilum

The entry and exit site for structures such as the ureter, blood vessels, and nerves at the kidney.