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elena-14-01-66 [18.8K]
2 years ago
6

What type of title insurance coverage protects the holder from damage due to a secret lien?

Business
1 answer:
Dimas [21]2 years ago
6 0

The type of title insurance coverage that protects the holder from damage due to a secret lien is extended coverage.

Prolonged insurance is insurance that goes beyond what a popular policy gives. Normally, it is bought one by one from a well-known coverage and features as an extension of the number one insurance. It often covers perils less in all likelihood to arise.

Extended coverage brought insurance against loss with the aid of the perils of windstorm, hail, explosion, civil commotion, rebel and rise up attending a strike, aircraft harm, automobile harm, and smoke harm.

Extended coverage (which includes the perils of the smoke, explosion, falling aircraft, and effect of cars) vast Water harm w/ accidental Bursting and/or Overflowing of Water Tanks, apparatus, and Pipes (BWD w/ABOWTAP) Sprinkler Leakage. Landslide / Subsidence. Spontaneous Combustion.

Learn more about the extended coverage here brainly.com/question/25750069

#SPJ4

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Which of the following is a distinctive feature of metes and bounds descriptions?
elena55 [62]

Answer:

They identify an enclosed area, beginning and ending at the same point

Explanation:

A prominent constitutional kind of land record in the US, metes-and-bounds classifications are generally related wheresoever survey areas remain unusual in appearance as well as size. The field edges are run out through distances as well as courses, and masterpieces, real rather unnatural, are determined near the angles rather corners.<u> They identify an enclosed area, beginning and ending at the same point</u> that is a distinctive feature of metes and bounds descriptions.

8 0
4 years ago
Onyemah Corporation uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month
natulia [17]

Answer:

43,240 units

Explanation:

Note : We are using FIFO method thus, we are only interested in the units worked in this year.

<u>Calculation of equivalent units of production for conversion costs</u>

To Finish Beginning work in process inventory (7,700 × 60%)    =  4,620

Started and Completed ((39,600 - 7,700) × 100%)                        = 31,900

Ending work in process inventory (9,600 × 70%)                          =  6,720

Equivalent units of production for conversion costs                    = 43,240

<u>Conclusion :</u>

The equivalent units of production for conversion costs in the Brazing Department for November is 43,240 units.

8 0
3 years ago
Mountain Made started the month with 3 quilts in its beginning inventory that cost $200 each. During the month, Mountain Made pu
Virty [35]

Answer:

Cost of Goods Sold for the month is $1656

Explanation:

Weighted Average Cost System calculates a new average for goods after each purchase.

Mountain Made Inventory Balance runs as follows:

<u>At Beginning:</u>

(3 quilts × $200) = $600

<u>After Purchased of 7 additional quilts for $210 each:</u>

(3 quilts × $200) + (7 quilts × $210) = $2070

New Inventory Cost = $2070/10quilts =$207 each

<u>At end</u>

2 quilts remained unsold. Therefore sold quilts were 8 ie (10quilts-2quilts)

Therefore cost of sold quilts is 8 × $207 = $1656

8 0
4 years ago
You are responsible for an automobile accident. Use the information below to determine:
podryga [215]

The total amount your liability insurance will pay is $25,000 and  the total amount your collision insurance will pay for the accident is $24,500.

<h3>Insurance</h3>

1. Total liability to pay

Total liability to pay= Car value at $25,000 repair  + Car value at $20,000Repairs

Total liability to pay=$10,000+$15,000

Total liability to pay=$25,000

2. Total collision amount to pay:

Total collision=$25,000-$500 (Deductible)

Total collision=$24,500

3. The amount of additional damages you are responsible for as a result of the accident is $0.

Therefore the total amount your liability insurance will pay is $25,000 and  the total amount your collision insurance will pay for the accident is $24,500.

Learn more about insurance here: brainly.com/question/25855858

#SPJ1

3 0
2 years ago
What was required to make plantation cash crops a source of wealth?
Kamila [148]
In order to make it a source of wealth it required slave labor 
6 0
3 years ago
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