A seller stated in the purchase and sale agreement that they are selling the property "as is". This statement means:

A. The seller shall have no obligation for repairs or replacement noted in the inspection report.
B. The buyer must assume the exiting loan.
C. The buyer cannot have the property inspected without the consent of the seller.
D. The licensee is no longer required to disclose known defects in the property.

Answer: A. The seller shall have no obligation for repairs or replacement noted in the inspection report.

Business

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A) Use general terms and phrases B) Write based on your cultural biases C) Use communication translation technologies D) Adapting the message to other cultures E) Be consistent and exact in your efforts

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Post implementation review is conducted to

A) determine whether a new system meets its planned objectives. B) determine how well the project team performed in developing the new system. C) prioritize future modifications to the system. D) provide external auditors assurance that a new system has been placed into service.

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