Ownership of real property by two or more persons at the same time is:
a. Illegal in many states
b. Very rare
c. Concurrent ownership
d. None of the above
C
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Typically, in fire insurance policies, a _______ clause provides that if owners insure the property up to a specified percentage of its replacement value-usually 80 percent-they will be fully reimbursed for any loss.
A. coinsurance B. full insurance C. whole insurance D. replacement insurance
Hank sent an unsolicited manuscript for a new sitcom to ABC. Hank heard nothing from ABC, but the next year he discovered that ABC's new sitcom bears an uncanny resemblance to the sitcom in the manuscript he sent to ABC. Discuss whether Hank has any rights against ABC and what theories courts rely on in such cases.?
What will be an ideal response?
The creditors' committee is appointed by the bankruptcy judge, who is appointed by the federal government, unlike private case or panel trustees
Indicate whether the statement is true or false
Why should an insured be circumspect when purchasing accessory coverages?
What will be an ideal response?