The Closing Instructions form is used by brokers to hire title companies to complete legal forms.

a. true
b. false

Answer: a. true

Business

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A contract and which one party purchases the right to buy at a fixed price within a specified period is

A) a purchase agreement B) a listing agreement C) a lease D) an option

Business

What kind of demand is seen when a large change in price produces only a small change in demand?

A. Flexible B. Consistent C. Inelastic D. Elastic E. Dynamic

Business