All of the following would be considered a lien against real property except:
A: An assessment bond for sewers;
B: Private restrictions which have been recorded;
C: Unpaid property taxes first billed three years ago;
D: A duly recorded but unpaid court judgment for money.
Answer: B: Private restrictions which have been recorded;
Business
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When the NPV of an investment is positive, then the IRR will be:
A) greater than the opportunity cost of capital. B) equal to the opportunity cost of capital. C) less than or equal to the opportunity cost of capital. D) less than the opportunity cost of capital.
Business
Total variable costs change in direct proportion to changes in the volume of production
Indicate whether the statement is true or false
Business