Answered step by step
Verified Expert Solution
Question
1 Approved Answer
10. A valid and binding written earnest money deposit agreement must have which of the following elements? A lawful object, mutual consent, consideration capable parties
10. A valid and binding written earnest money deposit agreement must have which of the following elements? A lawful object, mutual consent, consideration capable parties B. mutual consent, date, in writing. purpose C.mutual consent consideration, legal property description, a real estate agent signature OD lawful object. consideration, specific performance, a named trustee Question 11 1 pts 11. The amount owed under a loan is called the O A equity B. principal Cinterest Dillen Question 12 1 pts 12. When a borrower gets behind in his loan payments, the lender could call for the entire balance due immediately based on the A alienation clause O B. acceleration clause OG subordination caute D. pre-payment clau
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started