Which Document Is Used to Transfer Ownership of Property from One

question 24

Multiple Choice

Which document is used to transfer ownership of property from one party to another?

• A)title
• B)escrow account
• C)settlement statement
• D)appraisal
• E)deed

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Definitions:

Shipping Container Standardization

The process of standardizing the size and specifications of shipping containers for efficiency and interoperability in global trade and transportation.

Trade Barriers

Measures implemented by governments or economic entities to restrict or control the exchange of goods and services across borders, which can be in the form of tariffs, quotas, or regulations.

International Trading

The exchange of goods, services, and capital across international borders and territories.

Air Freight

The transportation of goods by aircraft, a fast but usually more expensive mode of shipping compared to road or maritime transport.