Which of the following is an advantage of the escrow process?
A. Parties do not have to be present at same time for closing
B. Parties are less able to back out of the transaction
C. Parties are protected against title defects of record
D. Both A and B
Answer: D. Both A and B
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A firm's stakeholders generally do NOT include ________
A) investors B) journalists C) customers D) employees E) audiences
Which of the following defines Lapping?
a. embezzling one customer's payment and then crediting that customer's account when a subsequent customer pays. b. stealing cash from an organization before it is recorded on the organization's books and records. c. helping a vendor illegally obtain a contract that should have involved competitive bidding. d. demanding a payment from a vendor in order to make a decision in that vendor's favor.