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Faith Owes $50,000 to Investment Lenders,Inc

Question 29

Multiple Choice

Faith owes $50,000 to Investment Lenders,Inc. ,a partnership of Cindy and Ryan.She is also a partner with Tom in a business venture.What insurable interests exist in this situation?


A) Faith has an insurable interest in the lives of Cindy and Ryan.
B) Investment Lenders,Inc.has an insurable interest in Tom,but does not have an insurable interest in Faith.
C) Only Tom and Faith have insurable interests.
D) Tom and Faith have insurable interests in each other's lives and Investment Lenders,Inc.has an insurable interest in Faith.

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