A land contract provides for the

A) sale of unimproved land only.
B) sale of real property under an option agreement.
C) conveyance of legal title at a future date.
D) immediate transfer of reversionary rights.

Answer: C) conveyance of legal title at a future date.

Business

You might also like to view...

The use of aggressive personal selling and trade advertising by a manufacturer to convince a wholesaler or a retailer to carry and sell particular merchandise is known as a__________strategy

Fill in the blanks with correct word.

Business

Common storefronts and similar customer service strategies are used by franchisors and retail chains to ________

A) reduce start-up costs B) maintain a consistent image across all units C) increase bargaining power with vendors D) enable centralized advertising

Business