All of the following are rights extended to mortgagees (banks) under the mortgage clause in the HO contract except:
A) to sue under the policy in its own name
B) to foreclose on property if the insured homeowner tries to defraud the insurer
C) to receive payments from the insurer
D) to be economically protected
B
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A _________________ is a list of questions that encourage the writer to think about audience, purpose, key issues, and delivery.
a. writing startup sheet b. rough draft c. general guide d. outline
What does assessing user feedback involve?
The state of Transas has set a maximum interest rate of 12 percent on loans. Matt borrows $10,000 from Tony to pay off a gambling debt. Both are residents of Transas
They sign a contract, which states that Matt would have to pay $1,500 as interest in one year to pay off the loan. Later, Matt gets to know about the state usury limit and sues Tony. What is the nature of the contract between Matt and Tony? A) It is illegal as it violates gambling statutes. B) It is legal as both parties were competent when the contract was signed. C) The contract is void as it violates usury laws. D) The contract is void as it is a contract to commit a crime.
Georgebuys from Haul-U Corporation the exclusive right to use the Haul-U trademark and sell and lease Haul-U-brand productsin a certain area. Their franchise agree¬ment requires George to pay certain administrative expenses. Their agreement may also require George to pay a percentage of the franchisor's
a. advertising costs. b. personal expenses. c. retirement income. d. none of the choices.