An owner of real property or a mortgagee pays only one premium for title insurance, usually at closing

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TRUE

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Unless a limited liability company has specified otherwise in its articles of organization, its duration is unlimited or at will, meaning that it has no specific term

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In states that are signatories to the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, foreign arbitral awards can be enforced only if they are first converted into a judicial judgment in the state where the

arbitration was heard. Indicate whether the statement is true or false

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