When a potential buyer makes an offer to purchase, he or she places a deposit on the home. This is known as

A)

an advance payment.
B)

earnest money.
C)

closing costs.
D)

buyer's insurance.

B

Business

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In the Contract to Buy and Sell, the buyer pays for the cost of the appraisal.

a. true b. false

Business

To establish ownership of a written, recorded, performed, or filmed creative work, it is necessary to apply for and be granted a patent

Indicate whether the statement is true or false

Business