A Deed, Which Is Not Recorded, Is

question 25

Multiple Choice

A deed, which is not recorded, is

• A) void.
• B) voidable.
• C) unenforceable.
• D) valid.

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to assess the company’s financial health.

Periodic Cash Interest

This represents the regular interest payments that a borrower is required to make on a debt over a specified period.

Bond

A fixed income investment in which an investor loans money to an entity that borrows the funds for a defined period at a variable or fixed interest rate.

Premium

An amount paid in addition to a standard price or rate; in insurance, it's the amount paid for coverage.