Which Is Not a Correct Statement About Deeds

question 1

Multiple Choice

Which is not a correct statement about deeds?

• A) The grantor must sign the deed.
• B) A deed must be recorded to effectively pass title.
• C) The fact that a deed is recorded provides notice to the world about who holds title.
• D) A deed must be delivered to be effective.

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Definitions:

Supply Curve

A graphical representation showing how the quantity of a good supplied by producers changes in response to different prices.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.

Production Technology

The methods, processes, and equipment used in the production of goods and services.

Market Quantity Supplied

The total amount of a specific good or service that is available for purchase in a market at a given price.