There are implied warranties made by the grantor in a grant deed. One of the following is not implied?
a. property has not been encumbered by grantor except as disclosed
b. the interest held by grantor is being transferred to the grantee
c. the grantor holds a certificate of title to the property
d. the interest being deeded has not been conveyed to others
Answer: c. the grantor holds a certificate of title to the property
Business
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The NPV method assumes that cash inflows are reinvested at the:
A) internal rate of return. B) firm's cost of capital. C) average yield on corporate bonds. D) average yield from an equity index fund. E) risk-adjusted hurdle rate.
Business
An example of external pressures toward change is/are _____
a. the management b. laws and values held by society c. work teams d. exposure to the culture of other departments e. all of the above
Business