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) $50,000
B) $100,000
C) $200,000
D) $400,000
E) Nothing
Correct Answer:
Verified
Correct Answer:
Verified
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