With a Deed of Trust

question 34

Multiple Choice

With a deed of trust,

• A) the trustee's possession is really a legal fiction to allow non-judicial foreclosure.
• B) title to real estate is in the trustee's name, but if the buyer defaults title revests in seller.
• C) the trustee may "bump" the buyer and take possession herself, after paying the seller-owner.
• D) disposition after a foreclosure requires court approval.
• E) none of the above

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Definitions:

Power of the Test

The likelihood that a test will correctly reject a false null hypothesis, essentially measuring the capability to detect an effect if there is one.

Interpret

To explain the meaning of information, data, or actions.

Sample Size

The number of observations or data points used in a statistical analysis.

β Value

In statistics, represents the type II error rate, or the probability of failing to reject a false null hypothesis; also used to denote regression coefficients in multiple regression models.