This topic contains a solution. Click here to go to the answer

Author Question: The words without recourse on an indorsement means the indorser is: A) liable personally but not ... (Read 91 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

For a complete list of videos, visit our video library