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Article: Read the following articles then address the questions and statements below: Trust Me. Just Sign Here. and Entitled to profit: In Texas, title insurance is a 'total scam
Questions:
1. Provide a summary of the article Trust Me. Just Sign Here. focusing on the issues presented in the article.
2. Provide a summary of the article Entitled to Profit: In Texas, Title Insurance is a 'Total Scam' focusing on the issues presented in the article.
3. Are things with title insurance the same, different, or some of both during the forty years which have passed between the writing of both articles? Explain your response.
4. What is the reason that you believe we still have to purchase title insurance for a much higher price than residents of other states?
5. Do you think Texas should change this? If not, explain why? If yes, what are some of the solutions you would propose?
Choose a product that you or someone you know has purchased recently. What pricing strategy, such as introductory pricing, price skimming, or market penetration, was used in pricing this product?
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