The relationship between a vendor and vendee in a land contract of sale would be similar to:

a. a beneficiary and trustor
b. a beneficiary and trustee
c. a mortgagor and escrow agent
d. a mortgagee and lender

Answer: a. a beneficiary and trustor

Business

You might also like to view...

Whenever any competitor in a market raises or lowers its price, the value of every other product in that specific market is affected

Indicate whether the statement is true or false

Business

In letters and memos, introductions establish the writer's ______________ as well as set the stage for the ideas that follow

a. authority and validity b. tone and approach c. presence and personality d. license and credentials

Business