What Type of Deed Merely Transfers Whatever Interest, If Any

question 10

Multiple Choice

What type of deed merely transfers whatever interest, if any, the grantor may have in the property, without specifying that interest in any way?

• A) common law
• B) statutory
• C) quitclaim
• D) warranty

---

Definitions:

Direct Labor

The work of employees that can be directly attributed to the production of goods or services.

Fixed Overhead

Regular, fixed expenses associated with the operations of a business that do not vary with production volume.

Raw Material

Basic materials used in the production process of goods, often processed in intermediate steps before fabrication of the final product.

Fixed Overhead

Charges that keep the same level despite the degree of manufacturing or sales activities, including space rental, worker wages, and protection plans.