Suki Was Recently Involved in a Successful Application of the Insurance

question 33

Multiple Choice

Suki was recently involved in a successful application of the insurance principle under the land titles system.This most likely means that

• A)the system made sure that she retained title to her land.
• B)she received a benefit under an insurance policy that she purchased from a private company.
• C)by checking the records carefully, she satisfied herself that she was at the end of a good chain of title.
• D)she acquired title to a new piece of land.
• E)the doctrine of indefeasibility has deprived her of an interest in land.

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Definitions:

Abstract Thought

The ability to think about objects, principles, and ideas that are not physically present, involving complex processing of concepts rather than concrete objects.

Mental Categories

The classifications of cognitive information into organized groups in the brain, facilitating understanding and memory.

Simultaneously

Occurring, existing, or done at the same time as something else, indicating a concurrent action or event.

Number System

A mathematical system for representing and working with numbers, such as the decimal or binary systems.