Author Question: The deed must contain a recital of the purchase price paid. Indicate whether the statement is true ... (Read 32 times)

ec501234

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The deed must contain a recital of the purchase price paid.
  Indicate whether the statement is true or false

Question 2

Which of the following is an example of a dishonor?
 A) Dan forgets to make presentment of a check but demands money from Ben.
 B) Dan issues a check to Ben, who takes it to the bank after six months and the bank declines.
 C) Dan issues a check to Ben but it is returned by the bank due to insufficient funds.
 D)Dan demands payment of a note from Ben before the due date and Ben declines.



kbennett34

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Answer to Question 1

FALSE

Answer to Question 2

C



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