Where a Person Owns a Half Interest in a House

question 57

Multiple Choice

Where 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) $100,000
• B) $50,000
• C) $400,000
• D) $200,000
• E) Nothing

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Definitions:

Productivity

The measure of the efficiency of production, often evaluated as the output per unit of input in a given time period.

Language

A system of communication using sounds or symbols that enables humans to express thoughts, emotions, ideas, and messages.

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The ability to identify recurring shapes, structures, or sequences in sets of information or data.

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