4. With a tenant each party listed as having title to the property only owns or has title to the portion of the property allocated to them by a stated percentage amount allocated to them. a. Joint b. Co c. Common d. Partnership 5. A is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with predetermined set of payments. a. Lien b. Chose In Action c. Mortgage d. Land title9' A \"trade secret\" includes: Sales, distribution methods Customer or supplier proles, lists Secret ingredients, formuias All of the above 9.0539: 7. When a business is bought or sold, aian will need to be written and signed. a. Business transfer b. Agreement of purchase and sale 0. Business assignment d. None of the above 1. Property law deals with: a. Real property, personal property b. Trusts c. Guarantees d. All of the above 2. Unlike residential tenancies the commercial tenancy is: a. One year b. Two years c. Five years d. Unlimited8. First think you need to do when you want to sell a business: Is to determine its value Know whether you are buying its assets or corporate shares A and B None of the above as?! (D . What does a condential information memorandum CIM) provide? List of a business's debts High level summary of the business List of the business's ciients None of the above an?! 10. When buying a business don't choose the choose the Price, buyer Physical location, actual customer list Prot made debts owed Lawyer, accountant PF'P'P