A Guarantee That the Grantor Owns the Estate Conveyed Is

question 5

Multiple Choice

A guarantee that the grantor owns the estate conveyed is called a covenant: ______.

• A) of right to convey.
• B) against encumbrances.
• C) of quiet enjoyment.
• D) of seisin.

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Definitions:

Indirect Materials

Materials used in the production process that do not become an integral part of the final product and are not easily traceable to specific products.

Raw Materials

Basic substances or inputs in their natural, unprocessed, or minimally processed states used in manufacturing to produce finished goods.

Work in Process

Inventory that includes goods that are in the production process but are not yet completed.

Raw Materials

The basic substances in their natural, modified, or semi-processed state used as inputs for manufacturing.