In Order for a Deed to Be Effective,it Must Contain

question 77

Multiple Choice

In order for a deed to be effective,it must contain all of the following except:

• A) a description of the land.
• B) a description of the consideration.
• C) the signature of the grantor.
• D) language conveying title.

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Definitions:

Sold Units

The quantity of product units sold within a specific time period.

Net Income

The total profit of a company after subtracting all expenses from revenue.

Preferred Dividends

Payments made to preferred stockholders, prioritized over dividends to common stockholders.

Common Stock

Common Stock represents equity ownership in a corporation, giving shareholders voting rights and a residual claim on corporate earnings and assets.