What about joint debts - Study guides, Class notes & Summaries

AFSB 151 Practice Exams Questions and Answers Any promise to answer for another person's debts or defaults, including the promise that a surety makes to the obligee under a bond, derives from which one of these? -Answer- Statutes of frauds Following the Civil War, the growing number and complexity of financial/commercial relationships led to the need for -Answer-Commercial suretyship. In accordance with a contract to build a county shed for the Village of Malcom, Raymone Construction pur...

50 When a buyer assumes an existing loan, he or she signs: - Answer-B. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - Answer-Notice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - Answer-Declaration of homestead 53 Which of the following is a reference point in CA - Answer-All of the above. 54 The right of a landowner to use th...

FIN 3403 PRINCIPLES OF BUSINESS FINANCE TEST BANK WITH ALL CHAPTERS COVERED WITH CORRECT ANSWERS. 1.1 Finance: An Overview 1) Which of the following statements best represents what finance is about? A) How political, social, and economic forces affect corporations B) Maximizing profits C) The study of how people and businesses make investment decisions and how to finance those decisions D) Reducing risk 2) From a financial point of view, a company that decides to develop new product ...

Tennessee National Portion REAL ESTATE EXAM Latest 2023 Graded A+, Over 1500 Questions And Correct Answers A corporation is a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a tenancy in common between the new owner and the remaining joint tenants T...

John owns the dominant estate with an easement appurtenant. John sells the property. What happens to the easement? a. A commercial tenant's lease will expire at the end of the month. It is terminated by the sale. b. It belongs to the buyer. c. (Its ownership must be negotiated outside the sale. d. John retains ownership of the easement. Appurtenant - In real property law, this describes any right or restriction that goes with that property, such as an easement to gain access across the ...

Real Estate Brokerage SAE – Questions and Answers Graded A+ 100%_ Champion's School of Real Estate Search Engine Optimization (SEO) - CORRECT ANSWER-The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER-Video streaming through facebook. CoStar Database - CORRECT ANSWER-Functions much like a residential MLS, connecting commercial agents with brokerage...

Which practice association is the easiest and least expensive to form and why? -ANSWER *The Sole Proprietorship* is the simplest form of business organization and, therefore, the least expensive to maintain. There are normally no formalities required to begin What is a Certificate of Assumed Business Name and how does it pertain to a dental practice? -ANSWER A *Certificate of assumed business Name* is a state form used to identify your business. Does a sole proprietorship limit the owner'...

Audit 2 Exam 148 Questions with Verified Answers What are the characteristics professions are distinguished by? - CORRECT ANSWER mastery of certain skill, or education/training; adherence to a common code of values and conducts; and acceptance of a duty to society as a whole utilitarisism - CORRECT ANSWER the greatest happiness should be achieved for the greatest number of people golden rule - CORRECT ANSWER treating others as you want to be treated (reciprocity) theory of rights - C...

Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+, Over 1500 Questions And Correct Answers A corporation is a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a tenancy in common between the new owner and the remaining joint tenants T...

Mayflower Compact - correct answer 1620- the first agreement for self- government in America. It was signed by the 41 men on the Mayflower and set up a government for the Plymouth colony. William Bradford - correct answer a pilgrim, the second governor of the Plymouth colony. Developed: -private ownership and helped colonists get out of debt. He helped the colony survive droughts, crop failures, and...