To reduce its risk and increase its security when making a home loan, a lender will typically:
a. Qualify the borrower
b. Ascertain through an appraisal the value of the property to be purchased
c. Ascertain through a title search that the property has a marketable title
d. All of the above
D
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A claim can be made against an unknown defendant.
Answer the following statement true (T) or false (F)
Peter loaned his car to his best friend, Jean. Jean, texting while driving, negligently sideswipes the car in the lane next to hers. Peter can be held liable for Jean's negligence under
a. the doctrine of respondeat superior b. an automobile consent statute c. joint enterprise liability d. the family purpose doctrine
Which of the following is not an argument supporting privatization?
a. Government often lacks the expertise to perform certain necessary functions. b. Privatization increases the size of government. c. The government often lacks the proper resources to deal with certain emergencies. d. Private companies are often more productive, reducing government costs.
Landholder posts a sign, "no solicitors" on the landholder's property. Landholder owes to any door-to-door sales people the same degree of care as that owed to an invitee
Indicate whether the statement is true or false