When Property Is Purchased Using a Land Sales Contract, the Instrument

question 73

Multiple Choice

When property is purchased using a land sales contract, the instrument used to convey legal title would be

• A) an executory deed.
• B) a bargain and sale deed.
• C) a warranty deed.
• D) non-existent since legal title is not transferred until the contract is paid off.

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Definitions:

Ingroup Bias

The tendency to favor and extend more positive judgments or treatment towards members of one's own group over those from different groups.

Collective Action

The pursuit of a goal or set of goals by a group of individuals acting together, often in a coordinated and cooperative manner.

Ingroup Harmony

The state of peaceful coexistence and cooperation within a group, fostering a sense of unity and mutual respect among its members.

Social Dominance Theory

A theory that suggests societies are structured in hierarchical groupings, and biases and inequality stem from this social stratification.