What is the result when the grantee records a deed that states that it may NOT be recorded?
A. The recordation does not give constructive notice.
B. The deed has been voided.
C. The title reverts to the grantor.
D. The recording gives constructive notice.
Answer: D. The recording gives constructive notice.
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Which of the following is a difference between a private trial and litigation?
A) The disputants select the neutral party in a private trial, but a judge is assigned to a lawsuit. B) Private trials need to be held with a jury, but the parties can waive their right to a jury in litigations. C) A judge has to state the conclusions of law, whereas a referee in a private trial need not. D) The disputants decide whether to be bound by the referee's verdict in a private trial, but not in a lawsuit.
When evaluating an average-risk project using IRR, a firm should use the WACC as the hurdle rate
Indicate whether the statement is true or false.