A fire caused $50,000 damage to Smith's house, and the family was forced to spent $10,000 to live in rented housing while it was being repaired. Which of the following best describes S mith's loss? Select one: a. direct property loss of $50,000, liability loss of $10,000 b. direct property loss of $60,000 c direct property loss of $50,000, indirect property loss of $10,000 d. direct property loss of $50,000, uninsured loss of $10,000 A fire caused $50,000 damage to Smith's house, and the family was forced to spent $10,000 to live in rented housing while it was being repaired. Which of the following best describes S mith's loss? Select one: a. direct property loss of $50,000, liability loss of $10,000 b. direct property loss of $60,000 c direct property loss of $50,000, indirect property loss of $10,000 d. direct property loss of $50,000, uninsured loss of $10,000