Pauline Just Submitted an Offer on Her Dream Home

question 92

Multiple Choice

Pauline just submitted an offer on her dream home.To show that she is serious,she also included a(n)

• A) Appraisal.
• B) Contingency clause.
• C) Dual agent.
• D) Earnest money.
• E) Purchase agreement.

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Definitions:

Authenticity

The quality of being genuine or not counterfeit, and the verification of something as being true or legitimate.

Holder In Due Course

A party that holds a negotiable instrument, like a check or promissory note, in good faith and for value, with certain rights to claim payment.

General Requirements

This term encompasses the broad, foundational conditions or criteria needed for the completion or fulfillment of a task, project, legal obligation, or standard.

FTC Rule

A regulation established by the Federal Trade Commission (FTC) to protect consumers and maintain competition.