A transaction that takes place inside a state would create a nexus for sales tax to attach.

A preauthorized credit allows the amount of regular payments to be automatically deposited in the payee's account.

a. true b. false

The main purpose of title insurance is:

a. to compensate the policy holder for any losses incurred from an unidentified defect in the title b. the prove the seller has the right to sell the property c. to compensate the property owner if the seller does not have sufficient funds to clear all liens based on discounted selling price d. to compensate the lender in the event of loss due to default on the loan