Author Question: If a deed is executed, acknowledged and recorded, there is presumption of delivery and acceptance. ... (Read 117 times)

student77

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If a deed is executed, acknowledged and recorded, there is presumption of delivery and acceptance.
  Indicate whether the statement is true or false

Question 2

Which of the following best describes alteration?
 A) It is an authorized change in an instrument that does not necessarily modify the obligation of a party.
 B) It is an authorized change in an instrument that is done during the process of theft.
 C) It is an unauthorized change in an instrument that purports to modify in any respect the obligation of a party.
 D)It is an authorized change in an instrument that is done under duress.



manuelcastillo

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Answer to Question 1

TRUE

Answer to Question 2

C



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