Legal Environment of Business: Chapters: 8-10

Q1: Title insurance may not protect against:

Q2: Title recordings provide:

	A: a detailed evaluation of the value of a piece of property
	B: a list of all expenses associated with a piece of property
	C: a public record of who owns what and of limitations or claims on titles
	D: a private record of who owns what and of limitations or claims on titles
	E: none of the other choices are correct

Q3: A clear title means that:

	A: a third party may claim valid ownership of the property
	B: only the government may claim valid ownership of the property
	C: there are no taxes due on the property
	D: no other person can claim valid ownership of the property
	E: none of the other choices are correct