QUESTION 16

1. which is NOT a formal requirement of will execution:

   	a.	Generally It must be written
   	b.	Generally it must be witnessed
   	c.	Generally it must be signed
   	d.	Generally it must be notarized

1 points

QUESTION 17

1. An acceptor is typically

   	a.	maker of a promissory note
   	b.	drawer of a draft
   	c.	drawee of a draft
   	d.	indorser of a note or draft.

1 points

QUESTION 18

1. Which of the following is required for a valid deed?

   	a.	grantee's signature
   	b.	grantor's signature
   	c.	both parties signature
   	d.	title insurance

1 points

QUESTION 19

1. Which of the following deeds gives grantee the LEAST assurance?

   	a.	special warranty
   	b.	grant
   	c.	general warranty
   	d.	quitclaim

1 points

QUESTION 20

1. Indorsements are always required in order to transfer:

   	a.	bearer paper
   	b.	order paper
   	c.	a and b
   	d.	neither a nor b