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
Correct Answer:
Verified
Correct Answer:
Verified
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