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Which of the Following Matters Is Not Insured Against in a Loan

question 48

Multiple Choice

Which of the following matters is not insured against in a loan title insurance policy?


Definitions:

Liability

A legal responsibility or obligation, often involving the requirement to compensate for loss or damage.

Withdrawal

Withdrawal involves the act of removing oneself or ceasing to participate in an activity, agreement, or other commitments.

Partnership

A sanctioned form of business where partners collectively manage the enterprise and split the financial gains.

Contracts

Contracts that engage two or more persons in binding commitments recognized and updatable through legal proceedings.

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