Which of the Following Is Not One of the Essential

question 4

Multiple Choice

Which of the following is not one of the essential terms in a real estate contract?

• A)Description of the real estate.
• B)Price.
• C)Name of the buyer and seller.
• D)Fixtures to be retained by seller.
• E)Signatures of the parties.

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Definitions:

Pressurized Fluid

Fluid under greater pressure than the surrounding environment, often used in hydraulic systems to transmit power.

Recirculating Ball

A type of steering mechanism in vehicles that uses a series of ball bearings to minimize friction and wear in the steering box.

Gearbox

In a steering mechanism, the use of gears to increase the mechanical advantage and decrease driver effort in turning the steering wheel while converting the wheel’s motion into motion that moves the vehicle’s front wheels.

U-joint

A universal joint, a flexible pivot point that transmits power allowing for varying angles of the drive shaft.