A legal land description must:

a. be sufficient to identify the property
b. carry measurements to the nearest inch
c. show the area of the and being described
d. contain an informal reference

Answer: a. be sufficient to identify the property

Business

You might also like to view...

Wrap-around contracts include

a. a balloon payment. b. an existing mortgage. c. a time-is-of-essence clause. d. a high interest rate.

Business

Recording the adjusting entry for depreciation has the same effect as recording the adjusting entry for

a. an unearned revenue. b. a prepaid expense. c. an accrued revenue. d. an accrued expense.

Business