Joshua Recently Purchased a New Home

question 30

Multiple Choice

Joshua recently purchased a new home.His lender required him to purchase credit life insurance on the loan in the event that he died before the mortgage is paid off.What is the loan clause that allows his lender to require him to purchase this additional insurance?

• A)Insurance agreement clause
• B)Default contingency clause
• C)Early payment clause
• D)Recourse clause
• E)None of the above

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Definitions:

Atomic Sentences

The simplest type of sentences in logic, consisting of a single proposition without any logical connectives or additional propositions.

Atomic Sentences

Basic propositions that express a complete thought without the use of logical operators.

Truth Table

A mathematical table used in logic to determine the truth value of various expressions based on the truth values of their components.

Atomic Sentences

Simple statements containing no logical connectives or only singular terms with a predicate.