A[n] ________ Account Is an Account Maintained by a Neutral

question 3

Multiple Choice

A[n] ________ account is an account maintained by a neutral third party into which a deposit on property is placed until all necessary steps for a transfer of property can be made.

• A) Closing
• B) Escrow
• C) Accountable
• D) Earnest
• E) Back-up

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Definitions:

Tort Action

A lawsuit or legal action based on civil wrongs not arising from contracts, which can lead to a remedy in the form of damages or other relief.

Store Detective

An individual employed by a retail establishment to prevent theft by detecting and apprehending shoplifters.

False Imprisonment

The act of restraining a person's freedom of movement without lawful justification.

Self-Defence

The act of defending oneself, one's property, or another person from physical harm, using reasonable force as permitted by law.