Choose the One Most Appropriate Answer for Each

question 20

Multiple Choice

Choose the one most appropriate answer for each.
-when seller and buyer meet in person to close a real estate transaction

• A)30-day month
• B)beneficiary statement
• C)CC&Rs
• D)closing date
• E)closing meeting
• F)deed delivery
• G)dry closing
• H)escrow agent
• I)escrow closing
• J)good faith estimate
• K)HUD settlement statement (HUD-1)
• L)loan escrow
• M)offset statement
• N)outside of the closing
• O)prorate
• P)RESPA
• Q)settlement meeting
• R)settlement statement
• S)title closing
• T)walk-through

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Definitions:

Self-Handicapping Tendencies

Behaviors or attitudes people adopt to create excuses for themselves, so they can avoid self-blame in case of failure.

Symbolic Interactionism

The perspective that people use their understanding of how others view them as the primary basis for knowing and evaluating themselves.

Social Schema Perspective

A framework for understanding how individuals categorize and interpret social information based on cognitive structures.

Social Role Theory

The theory that gender differences in behavior, personality, and self-definition arise because of a long history of role distribution between the sexes and error-prone assumptions that those roles are essential to men and women’s nature.