A deed in which the grantor covenants only against claims that arise during the time that the grantor owned the property is referred to as a:
a. quitclaim deed
b. bargin and sale deed
c. general warranty deed
d. special (limited) warranty deed
Answer: d. special (limited) warranty deed
Business
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Transactions are initially recorded in chronological order in a __________ before they are transferred to the accounts.
A. journal B. register C. ledger D. T account
Business
Which of the following BEST describes an advertising campaign?
a. It extends for a defined period of time. b. It rarely has a specific budget. c. It starts with determining which media will be used. d. It may contain a wide variety of themes and slogans.
Business