A Pending Disbursement Clause Would Most Likely Be Found in a Construction

question 52

True/False

A pending disbursement clause would most likely be found in a construction loan title insurance policy.

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Definitions:

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Nonpublic Corporate Information

Information related to a company that has not been released to the public and could be considered confidential or proprietary.

1933 Act

Also known as the Securities Act of 1933, a U.S. law enacted to ensure more transparency and honesty in the marketing and sale of securities, aiming to prevent frauds.

Attorney General of the United States

The principal legal officer who represents the United States in legal matters and heads the U.S. Department of Justice.