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Question 6 (4 points) Dan and Audrey Burgason borrowed $150,000 from the Second National Bank to help fund the purchase of a new home. The
Question 6 (4 points) Dan and Audrey Burgason borrowed $150,000 from the Second National Bank to help fund the purchase of a new home. The home serves as collateral for the loan. Second National has an insurable interest in the home based on: a) potential responsibility for legal liability b) being a secured creditor c) having a contractual right d) expectation of ownership Previous Page Next Page Page 6 of 25
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