Question 9 The primary benefit of a home equity loan is

Question 9 options:

The required monthly payments

The use of the home as collateral for the loan

Its limited availability.

The deductibility of the loan interest on federal taxes provided the funds were used to buy or build a home, or make improvements to one .

Question 10 Samuel should buy insurance in order to eliminate his risk.

Question 10 options: True False Question 11 An example of a hazard is defective house wiring.

Question 11 options: True False Question 12 Barbara left a skateboard on her front steps. A windstorm swept the skateboard up and through her window. The windstorm was a

Question 12 options:

Peril.

Hazard

Negligence

Premium.