Which of the Following Is Not a Formal Part of a Deed

question 27

Multiple Choice

Which of the following is not a formal part of a deed?

• A) caption
• B) description
• C) habendum clause
• D) testimonium
• E) none of the above

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, reflecting the amount for which it could be sold or disposed.

Aircraft

A vehicle designed to travel through the air with support from the air itself, either lighter or heavier than air types.

Financially Attractive

A characteristic of investments or projects that are appealing due to their potential for positive financial returns.

Project B

A term that typically denotes a specific plan, task, or initiative identified by "B" to distinguish it from other projects.