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Question
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 Cindy and Ryan's lives.
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 others' lives and Investment Lenders Inc. has an insurable interest in Faith.
Answer
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