Under the _____________, lending institutions must notify-within a specified time period-each applicant for a mortgage loan of the precise costs that must be paid at the closing.
A. Real Estate Settlement Procedures Act
B. Real Estate Closing Procedures Act
C. Real Estate Financing Act
D. Real Estate Costs Act
Answer: A
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The Eighth Amendment bars government from imposing cruel and ________ punishment
Fill in the blank(s) with correct word
A promise that gives a false impression of a contract is
A. illusory. B. unconscionable. C. preexisting duty. D. consideration.
Genuineness of assent may be lacking due to which of the following?
A. A mistake B. Fraudulent misrepresentation C. Undue influence D. Duress E. ?All of these choices are correct.
Under the Uniform Transfer to Minors Act
a. Property is given to the minor outright b. Property is given to the minor in care of a custodian c. Property is given to the minor when he or she reaches majority age d. None of the above e. b and c