A Person Owns a Half Interest in a House Valued

question 104

Multiple Choice

A person owns a half interest in a house valued at $200 000 and has insurance on that property in the amount of $400 000.If the house burns down,causing a loss of $100 000,how much will that person collect?

• A)$50 000
• B)$200 000
• C)$1000
• D)$400 000
• E)nothing

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Definitions:

Software Divisions

Specialized units within a company or organization that are focused on software development and the management of software-related projects.

Mutual Adjustment

is a mechanism of coordination among team or group members, where adjustments and adaptations are made through informal communication.

Integrator

An individual or tool that combines or coordinates separate elements or structures into a unified whole.

Standardization of Work Processes

The practice of implementing uniform procedures and criteria in organizational tasks to improve efficiency and quality.