Lender's title insurance typically is paid by:

a. the buyer
b. the seller
c. the lender
d. the broker

Answer: a. the buyer

Business

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Which of the following is a control procedure to prevent a dishonest employee from cashing a paycheck that was written to a fictitious person?

A) having employees clock in and out of work B) keeping computerized records of payroll data C) serial numbering of paychecks D) requiring photo IDs for employees picking up their paychecks

Business

The higher the risk-adjusted net present, the more viable the project

Indicate whether the statement is true or false

Business