Which of the following is true of a land contract?
A. If a buyer defaults, the seller does not have the right to declare a forfeiture.
B. The title to property is conveyed if partial payment has been made.
C. The trustee holds legal title to the property put up as security.
D. The seller agrees to convey the title when the full price is paid.
Answer: D
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Fill in the blank(s) with correct word
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a. conformance quality. b. service quality. c. design quality. d. process quality.
Which of the following product characteristics refers to the degree to which the innovation appears superior to existing products?
A) compatibility B) divisibility C) communicability D) relative advantage E) complexity
The Model Business Corporation Act is a state statute that, like the UCC, has been adopted by all of the states in the United States to make state incorporation statutes uniform throughout the United States
a. True b. False Indicate whether the statement is true or false