A promissory note is Study guides, Class notes & Summaries

California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%) California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security interest in the property for the lender d. the same as a mortgage or trust deed a. evidence of the debt In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widow...

SOLUTION MANUAL FOR Business Mathematics In Canada 11th Edition By F. Ernest Jerome CHAPTER 1 Review and Applications of Basic Mathematics Appendix 1A: The Texas Instruments BA II PLUS CHAPTER 2 Review and Applications of Algebra CHAPTER 3 Percent and Percent Change CHAPTER 4 Ratios and Proportions CHAPTER 5 Mathematics of Merchandising 5.2 Supplement: Other Notations for Terms of Payment (on Connect) 5.3 Supplement: Diagram Model for Markup Problems (on Connect) CHAPTER 6...

Gold Coast Final Exam 2023 Questions and Answers (Graded A) What is the form you sign that says you will pay the loan back ? - ANSWER promissory note What is the post licensing grace period after first expiration ? - ANSWER none Deposits is a form of... - ANSWER valuable consideration Physical land and improvements - ANSWER real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both - ANSWER...

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

California Legal Aspects of Real Estate Final Exam 2022 (Answered) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security inte rest in the property for the lender d. the same as a mortgage or trust deed In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widowed, or divorced; have entered military service on active duty; or have received a declaration of emancipation from a court b. just state that he is an ema...

Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A Q: The money that mortgage companies use to make loans come from the sale of ________, which is considered a business transaction, not a savings account deposit procedure. Answer: Bonds Q: Government entities regularly sell bonds to Answer: Fund major capital investments Q: Advantage of municipal bonds is Answer: That the interest paid to investors is not subj...

Gold Coast Final Exam 2023 Questions and Answers 100% CorrectGold Coast Final Exam 2023 Questions and Answers 100% CorrectGold Coast Final Exam 2023 Questions and Answers 100% Correct What is the form you sign that says you will pay the loan back ? - ANSWER-promissory note What is the post licensing grace period after first expiration ? - ANSWER-none Deposits is a form of... - ANSWER-valuable consideration Physical land and improvements - ANSWER-real property Is it a violation if ...

NYS Notary A Notary who refrains from performing a duty, which is imposed by law or inherent in the nature of his/her office, may be guilty of? a. A felony b. Criminal Contempt c. A Tort d. A Misdemeanor - Correct answer-d. A Misdemeanor A copy of a public record signed and certified as true copy by the public official having custody of the original is known a(n): a. Affirmation b. Authentication c. Certified Copy d. Acknowledgment - Correct answer-c. Certified Copy To grant the rig...

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 stipulated t...

TEXAS REAL ESTATE NATIONAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS/A+ GRADE 1. An assessment is a special type of appraisal used for A.) Property tax purposes. B.) Estate tax returns. C.) Divorce settlements. D.) Income tax returns. 2 A company who provided materials for an owner to remodel their property may give constructive notice of theirunpaid invoices by: A.) obtain a blanket lien B.) obtain a mechanic's or material man's lien C.) obtain a vendor's lien D.) obtain an inchoa...

Funeral Arts National Board Exam, Answered-Register of all the general ledger accounts - Will Show profits and losses of a business Difference between currents assets and liabilities. When current assets exceed liabilities - Working Capital Must include what three disclosures - Embalming, Cash Advance, & Legal Requirements Uniform commercial code has 4 different kinds of paper - Promissory Note, Draft, Checks and certificates of deposit What kind of law enacts statutory law - Adminis...