Which of the Following Statements Is Not True of a Deed

question 11

Multiple Choice

Which of the following statements is not true of a deed?

• A)A deed is a formal written contract.
• B)A deed is signed by the parties before a witness and expressed to be sealed and delivered.
• C)A deed is a formal written contract expressed to be a deed.
• D)When enforcing a deed it is necessary to show that the promisee provided consideration for the promise.

Understand the relationship between stock correlation in a portfolio and its overall risk.

Understand the impact of interest rates on investment spending and consumption.

Grasp the effects of changes in the price level on aggregate demand, aggregate supply, and aggregate expenditure.

Comprehend the relationship between consumption, saving, and income.

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Definitions:

Wholly Owned Subsidiary

A firm entirely possessed by another corporation, known as the parent company, holding all of its share capital.

Non-Controlling Interest

A ownership stake in a corporation where the holding gives the investor less than 50% voting power.

Intercompany Profits

Profits derived from transactions between companies within the same group, which may need to be eliminated in consolidated financial statements.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its identifiable net assets; reflects the value of the brand, customer relationships, and reputation.