Jackie bought a house and on the seller's property information sheet (SPIS) it stated the house was in good shape with no structural problems. Jackie bought title insurance
After Jackie moved in she discovered there were major structural problems and it cost her $150,000 to repair it. Jackie successfully filed a claim under her title insurance policy and got $135,000 from this title insurer. Jackie also plans to sue the vendor for negligence and recover at least $150,000 as well. This
A) cannot happen as she cannot get double recovery of her losses
B) can happen but Jackie will then have to return the $135,000 to the title insurance company
C) cannot happen as only the title insurance company can sue the vendor because it has already paid Jackie
D) cannot happen as only the vendor's real estate agent would be liable
E) can occur and Jackie can recover money from both the title insurance company and the vendor
C
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A. $535,100. B. $376,800. C. $158,300. D. $218,500. E. $(216,700).
Why does the Occupational Safety and Health Administration (OSHA) recommend against businesses providing separate bathrooms for transgender individuals?
a. It would constitute special treatment. b. It would represent an undue burden on businesses. c. It would stigmatize them. d. It would embolden hate groups.
Historically, _____ has described a preference for financial reporting such "that possible errors in measurement be in the direction of understatement rather than overstatement of net income and net assets."
a. conservatism b. reliability c. realization d. recognition e. relevance
A circuit breaker protects individual investors from losing money on their investments
Indicate whether this statement is true or false.