Promissory note Guías de estudio, Notas de estudios & Resúmenes
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2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions
- Examen • 53 páginas • 2024
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2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions 
Mortgagor - ANSWER-one who grants/gives a mortgage; the one making the mortgage, so that's the borrower/home-buyer 
 
Mortgagee - ANSWER-one who takes the mortgage and is thus, the lender/bank - the one who provides a loan to someone buying the house; the p...
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Real Estate Exam questions with correct answers
- Examen • 47 páginas • 2023
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Notes are said to be negotiable and non-negotiable. Which of the following best defines a negotiable note? CORRECT ANSWER If a note is secured by a mortgage the note is negotiable but the mortgage is non-negotiable. The maker signs a note and the payee endorses it. 
 
Buyer gives seller a purchase money second trust deed and note. Shortly afterward, buyer defaults in payments on the second trust deed. Seller can, in due course, bring court action and obtain against the buyer: CORRECT ANSWER none...
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45-hour PAReal Estate Practices PRACTICE EXAM
- Examen • 11 páginas • 2023
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Who works on behalf of landlords and property management companies to collect rent and provide customer service for renters and tenants? 
A leasing consultant 
An arbitrator 
A broker 
An escrow agent - Answer- A leasing consultant 
 
What are two types of breach of contract damages? 
Punitive damages and non-punitive damages 
Conveyance damages and actual damages 
Damages by design and fraud damages 
Loss of bargain damages and special damages - Answer- Loss of bargain damages and special damag...
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Real Estate U Texas Real Estate Finance Questions With Solutions Graded A+ 2024.
- Examen • 80 páginas • 2024
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An acceleration clause is included in which of the following...? 
The mortgage 
Both the promissory note and mortgage 
The promissory note 
The lien - Answer The promissory note? 
 
Collateral - - Answer Marketable real or personal property which a borrower pledges as security for a loan. In mortgage transactions, specific land is the collateral. 
 
Promissory Note - - Answer Following a loan commitment from the lender, the borrower signs a note, promising to repay the loan under stipulate...
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BLAW 3310 - Exam 3 Review Test Bank, Complete Solution Guide: Latest Guide - University of Texas, Arlington.
- Examen • 428 páginas • 2024
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BLAW 3310 - Exam 3 Review Test Bank, Complete Solution Guide: Latest Guide - University of Texas, Arlington. 
Chapter 12 
Negotiable Instruments, Credit, and Bankruptcy 
1. Every year, creditors have to absorb in unpaid debt: 
a. about $100 million 
b. about $5 billion 
c. over $20 billion 
d. less than $5 million 
e. about $20 million 
ANSWER: c (page 331) 
National: AACSB Analytic; AICPA BB-Legal 
2. Every year, creditors have to absorb in unpaid debt: 
a. about $10 million 
b. about $1 billio...
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LOUISIANA NOTARY PRACTICE EXAM 2024/2025 | ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST EDITION
- Examen • 45 páginas • 2024
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LOUISIANA NOTARY PRACTICE EXAM 2024/2025 | ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST EDITION 
Notary's statement placed on the face of a document to identify and connect it with another's instrument passed before the notary. - Correct Answer Paraph 
 
Where is a paraph is most commonly made on? - Correct Answer A promissory note to identify it with a mortgage, priviledge, or other security device. 
 
What is an example form of a recitation of a paraph? - Correct An...
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Purdue MGMT 200 Final Exam Questions and Answers Rated A+
- Examen • 25 páginas • 2024
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Woodcrest, Inc. borrowed $50,000 from a local bank and signed a promissory note. What entry 
should Woodcrest record? Debit Cash, $50,000; Credit Notes Payable, $50,000. 
We record interest expense in the period in which we pay it, rather than in the period we incur it 
False. 
Interest expense is recorded in the period incurred, not in the period in which we pay it. 
On November 1, 2018, Knomark, Inc. signed a $100,000, 6%, six‐month note payable with the 
amount borrowed plus accrued interes...
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TExES Business and Finance (276) Prep Manual & Extras Latest 2023 Already Passed
- Examen • 35 páginas • 2024
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Income Statement Produced once a month to ensure expense review and control 
Income Statement' Allows a company to determine how much money is coming in and how 
it's being spent 
Promissory Note Indicates a loan and debt financing to raise capital 
Convertible Securities Used to raise capital by way of equity financing 
Convertible Securities' Stock or bond, that can be converted to another type of security 
Convertible' Securities Another type of bond or stock
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MLO National Test Combined Important Study Set questions with correct answers
- Examen • 31 páginas • 2023
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Regulation Z Answer The regulations issued under the Truth-in Lending Act that set forth the specific requirements that a lender 
must follow in order to comply with the Truth-In-Lending law. 
 
Revolving Debt Answer A type of credit arrangement in which a consumer is pre-approved for a line of credit and they may make purchases against that credit. 
 
The Lender is also know as the: Answer Mortagee (lien theory/mortgage), beneficiary (title theory/deed of trust), grantor, vendor (land contract)...
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DSC1630 EXAM PACK 2023
- Examen • 417 páginas • 2023
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1. On his ninth birthday on 21 February Shelly received R420. His parents immediately 
invested the money in an account that earns 7,5% simple interest. The amount of 
money that can be withdrawn on 5 June for the same year equals 
[1] R411,21. 
[2] R428,89. 
[3] R428,98. 
[4] R429,07. 
[5] none of the above. 
2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded 
interest of 
[1] 16,073%. 
[2] 16,098%. 
[3] 16,714%. 
[4] 16,741%. 
[5] none of the ab...