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Holly obtains an insurance policy from Inviolable Insurance Corporation (IIC). IIC may cancel, or refuse to renew, the policy because of (Points : 5) Holly’s appearance as a witness against
IIC. Holly’s national origin. Holly’s race. none of the choices.
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User: Holly obtains an insurance policy from Inviolable Insurance Corporation (IIC). IIC may cancel, or refuse to renew, the policy because of (Points : 5) Holly’s appearance as a witness against IIC. Holly’s national origin. Holly’s race. none of the choices.

Weegy: The answer is none of the choices.
bongche|Points 3135|

User: . Ian’s mortgage debt to Jeff is past due. Jeff brings a legal action against Ian to collect the debt. Jeff asks the court to order the sale of the mortgaged property and the payment of a portion of the proceeds to Jeff. This is a request for (Points : 5) a deficiency judgment. a foreclosure. a right of reimbursement. redemption.

Weegy: redemption.
Expert answered|supernike|Points 475|

User: A person has an insurable interest in property if he or she would sustain a financial loss from damage to the property. (Points : 5) True False

Question
Asked 9/19/2012 2:22:42 PM
Updated 10/24/2012 8:31:29 AM
3 Answers/Comments
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Ian's mortgage debt to Jeff is past due. Jeff brings a legal action against Ian to collect the debt. Jeff asks the court to order the sale of the mortgaged property and the payment of a portion of the proceeds to Jeff. This is a request for foreclosure.

Upon default by the borrower, the lender (mortgagee) can bring foreclosure proceedings to sell the property and retain that part of the proceeds representing the monies still due on the note.
Added 10/24/2012 8:25:52 AM
3
Holly obtains an insurance policy from Inviolable Insurance Corporation (IIC). IIC may cancel, or refuse to renew, the policy because of (none of the above. )
Added 10/24/2012 8:29:45 AM
3
A person has an insurable interest in property if he or she would sustain a financial loss from damage to the property. This statement is FALSE.

Insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence of the insured object.
Added 10/24/2012 8:31:37 AM
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