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Author Question: The words without recourse on an indorsement means the indorser is: A) liable personally but not ... (Read 87 times)

xroflmao

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on: Jun 24, 2018
The words without recourse on an indorsement means the indorser is:
 A) liable personally but not other parties.
 B) not liable for any problems associated with the instrument.
 C) not liable if the instrument is dishonored.
 D) liable for only up to fifty per cent of the loss.

Question 2

Under RESPA:
 A)A broker cannot refer a buyer or seller to an escrow agent.
 B)An escrow agent cannot collect a fixed fee for services.
 C)A broker cannot accept reduced rent in exchange for referrals to an escrow agent who is his/her landlord.
 D)Brokers need not disclose a .25 interest in a referral to a title company.


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amanda_14

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


xroflmao

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Reply #2 on: Jun 24, 2018
Thank you :)


amanda_14

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Reply #3 on: Jun 24, 2018
Happy to help you


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