A negotiable instrument must be in writing in order to be considered valid

Indicate whether the statement is true or false

TRUE

Business

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A man borrowed 80% of the value of his home. The loan had a 9% interest rate. The first year's interest on the loan was $4,050. What was the value of the property:

A: $36,000; B: $45,000; C: $48,000; D: $56,250.

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The following are defenses to the granting of workers compensation:

a) contributory negligence b) intentional injury c) assumption of risk d) all e) NOTA

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