If a seller wanted to relieve himself of the primary liability for payment of a trust deed and note, he must find a buyer who is willing to:
A: Assume the trust deed and note liability;
B: Sign a release agreement;
C: Take title subject to the trust deed and note;
D: Execute a subordination agreement
Answer: A: Assume the trust deed and note liability;
Business
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The certificate of limited partnership filed in the public records must contain
A. The name of the partnership and the names of the general partners. B. The general character of the business. C. The contribution of each partner (general and limited). D. The amount of each limited partner's liability.
Business
An economic system is the set of structures and processes that guides the allocation of resources and shapes the conduct of business activities within a country
Indicate whether the statement is true or false
Business