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19-07-2024
Business

Answered

Dorothy Jones temporarily assigned the monetary value of her life insurance policy as security for a loan from the Fincastle Bank. In this situation, Ms. Jones made (an absolute / collateral) assignment of her life insurance policy. Ms. Jones is the (assignor / assignee).
A. An absolute / assignor
B. An absolute / assignee
C. A collateral / assignor
D. A collateral / assignee

Answer :

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