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Brenda Agrees to Lease a New Car from Hyland Motors

Question 48

Multiple Choice

Brenda agrees to lease a new car from Hyland Motors.Which of the following statements is true?


A) Brenda has no insurable interest in the car.
B) Brenda receives title at the time of her contract with Hyland Motors.
C) Hyland Motors retains an insurable interest in the car unless and until Brenda exercises an option to buy the car.
D) None of the above.

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