A deed that is not signed by the seller is still considered valid as long as it:
A. is executed by a competent relative of the seller
B. is delivered to the buyer
C. contains is covenant of seisin
D. is signed by an authorized attorney in fact
Answer: D. is signed by an authorized attorney in fact
The document used to assign legal rights to another person - for example, authorizing someone to sign a contract and/or deed on one's behalf - is a power of attorney. The person who is appointed to act is known as an attorney in fact.
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_______________ allocate available property investments among competing investors.
Fill in the blank(s) with the appropriate word(s).
A mobile phone manufacturing company observes that the main reason for an abrupt fall in sales volume is the unconventional design of their phones that consumers found inconvenient and unattractive
The findings prompt the company to adopt a new strategy. They redesigned the product models keeping the requirements of the end-user in mind. According to the expectancy value-model, the company's strategy can be termed as ________. A) psychological repositioning B) real repositioning C) competitive depositioning D) physiological depositioning E) prescriptive method