A person who is not a legal resident of Washington may be licensed to act in this state without taking a written examination. What kind of license would this be?

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A person who is not a legal resident of Washington may be licensed to act in this state without taking a written examination. What kind of license would this be?

a) Admitted
b) Foreign
c) Resident
d) Nonresident

Answer: d) Nonresident

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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The voluntary relinquishment of a legal right is called
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