The MERS System

question 39

Multiple Choice

The MERS system:

• A)Allows for anyone to sign a deed and have it be valid.
• B)Is the same as the public land recording system.
• C)Allows for fictitious signatures for mortgage foreclosure.
• D)None of the above

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Definitions:

Distribution Channels

Pathways and intermediaries through which a product or service flows until it reaches the end consumer.

Supply Chains

Networks of individuals, organizations, resources, activities, and technologies involved in the production and delivery of a product or service.

Logistic Channels

Pathways or networks used for the distribution of goods from manufacturers to consumers.

Logistics Chains

The sequence of processes involved in the production and distribution of a commodity, also known as supply chains.