Broker Wallace represented a young man in the sale of his home. After purchase terms had been agreed to and the grant deed had been signed and delivered into escrow, the title company discovered the seller was not yet 18 years old and was not emancipated. The grant deed is:

a. illegal.
b. void.
c. voidable.
d. valid.

Answer: b. void.

Business

You might also like to view...

According to Michael Porter, which of the following refers to a country's endowment of resources?

A) factor conditions B) dependent variables C) cultural dimensions D) value constructs

Business

Explain the symbols used in decision tree analysis

What will be an ideal response?

Business