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Question and answer
A person has an insurable interest in property if he or she would sustain a financial loss from damage to the property. (Points : 4) True False
person has an insurable interest in property if he or she would sustain a financial loss from damage to the property. This is TRUE.
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User: A person has an insurable interest in property if he or she would sustain a financial loss from damage to the property. (Points : 4) True False

Weegy: person has an insurable interest in property if he or she would sustain a financial loss from damage to the property. This is TRUE.
Score 1|andrewpallarca|Points 28483|

User: A debt does not have to be past due before a creditor can begin legal action against a debtor. (Points : 4) True False

Weegy: A debt does not have to be past due before a creditor can begin legal action ... legal actions against the debtor. true ... [ debtor cannot pay the debt. false ... ]
Score .9809

User: A debt does not have to be past due before a creditor can begin legal action against a debtor. True or False

Weegy: A debt does not have to be past due before a creditor can begin legal action ... legal actions against the debtor. true ... [ debtor cannot pay the debt. false ... ]
Score .9717

User: A mechanic’s lien can be enforced to obtain payment for work that adds value to personal property. (Points : 4) True False

Weegy: ... lawsuit because it cannot be proven to be true or false. T ... [ A mechanic's lien can be enforced to obtain payment for work that adds value to personal ... ]
Score .8198

User: Kerin obtains a property insurance policy for her art collection from Lawton Insurance Company. Kerin can cancel the policy (Points : 4) at any time. only at the end of a period for which a premium has been paid. only if Kerin no longer has an insurable interest in the property. only on advance written notice.

Weegy: only at the end of a period for which a premium has been paid
Score .9476|uxiali|Points 1605|

User: . Donald applies for a life insurance policy with Equity Insurance Company through Fletch, an agent who works for Equity. Donald pays the initial premium. Fletch writes a binder, which (Points : 4) acknowledges the application and promises to consider it. attests to the truth of each statement in the application evidences receipt of the payment of the initial premium. indicates that a policy is pending and states its essential terms.

Weegy: Donald applies for a life insurance policy with Equity Insurance Company through Fletch, an agent who works for Equity. Donald pays the initial premium. Fletch writes a binder, which: C) evidences receipt of the payment of the initial premium.
Score 1|andrewpallarca|Points 28483|

User: A writ of execution is a court order to seize a debtor’s property after the entry of a final judgment in a creditor’s lawsuit against the debtor. (Points : 4) True False

Weegy: True.
Score 1|stickman|Points 6262|

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 : 4) a deficiency judgment. a foreclosure. a right of reimbursement. redemption.

Weegy: redemption.
Score 1|akoine|Points 2078|

User: Mike owes $12,000 to Nora, $6,000 to Owen, and $6,000 to Pat. The three creditors enter into an agreement with Mike to discharge the debts on payment of a sum of $12,000 to them, to be divided proportionately. This is (Points : 4) a composition agreement. a guaranty agreement. a judicial lien. a suretyship agreement

Weegy: This is a judicial lien.
Score 1|OxTornado007|Points 6899|

User: Each state heavily regulates the insurance industry. (Points : 4) True False

Weegy: Vocabulary words for Medical Insurance Billing Module 4. ... true/false, matching 0 ... [ The health care industry is heavily regulated by ____ and ____ legislation. ]
Score .8788

User: Daphne defaults on a debt to Country Loan Corporation (CLC). As a creditor, CLC can place liens on all of Daphne’s property except (Points : 4) motor vehicles used to commute to work. stock in various corporations. items that the debtor selects. vacant commercial property.





Weegy: Daphne defaults on a debt to Country Loan Corporation (CLC). [ As a creditor, CLC can place liens on all of Daphne’s property except - - ITEMS THAT THE DEBTORS SELECT. ]
Expert answered|yumdrea|Points 3455|



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Asked 12/22/2013 9:40:43 AM
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