Which statement best describes a quit claim deed?
A. It guarantees that the seller has the right to convey title
B. It is the best deed from the grantees point of view
C. It does not warrant the title
D. It is the same as a guardians deed
Answer: C. It does not warrant the title
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Irene is a representative of Baroque Minerals, Inc., a publicly traded mining company. Irene states publicly that Baroque has discovered a significant deposit of a rare mineral in China, which promises to substantially increase the long-term revenue of the company. Unbeknownst to Irene, an unexpected earthquake that same day destroys the mine in China and blocks access to the rare mineral for years to come. The company's stock drops as a result. Baroque Minerals will likely be:
a. liable under SEC Rule 10b-5. b. not liable under SEC Rule 10b-5, because Irene did not make a material misrepresentation. c. not liable under SEC Rule 10b-5, because Irene did not have a wrongful state of mind. d. not liable under SEC Rule 10b-5, because Irene because of the natural exigency defense to such claims.
Explain how the process for purchasing and consuming luxury products differs from the purchase and consumption of other products
What will be an ideal response?