Which of the Following Presumptions Is Incorrect

question 25

Multiple Choice

Which of the following presumptions is incorrect?

• A) possession of the deed by the grantor is presumption of nondelivery
• B) possession of the deed by the grantee is presumption of nondelivery
• C) recordation of a deed in the public records is presumption of delivery
• D) possession of the deed by the grantee is presumption of delivery

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Definitions:

Market Rate Of Return

The average rate of return on investment that is expected by investors in the market, typically based on historical data.

Replenishes

Refers to the process of filling up or restoring inventory or supplies to their optimal levels.

Optimal

The most favorable condition or level of efficiency that a system, selection, or outcome can achieve under given constraints.

Collection Float

The time interval between when a payment is deposited and when funds become available in the company’s account, affecting cash flow.