The type of deed commonly used to clear a cloud on the title of a property, to transfer interest between a husband and wife or to terminate an easement is:
a. quick claim deed
b. quit claim deed
c. grant deed
d. warranty deed
Answer: b. quit claim deed
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Petty crimes are considered a subcategory of ________
A) treasons B) misdemeanors C) felonies D) strict liability crimes
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Andrew and Alice have health issues that may be passed on to their children. When the children are born would they be wise to obtain life insurance immediately on the infants prior to any of the medical conditions arising?
A) Yes, this would be wise as the infant is not likely to have to pass a physical exam. B) No, they should wait until the child is an adult and let him or her decide if she or he wants insurance.
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