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Question
A woman owns an $86,000 house on which she pays $329 per month interest. If she is in a 28% tax bracket, how much less tax will she have to pay per year because she owns it?a. $131.60
b. $653.49
c. $1,105.44
d. $2,763.60
Answer
This answer is hidden. It contains 130 characters.
Related questions
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Who is the trustor in a deed of trust?
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b. Lender
c. Grantor
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a. transfer of title.
b. hypothecate property.
c. secure a note.
d. secure a mortgage.
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If an owner of a single-family residence defaults on his mortgage, it can
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b. be foreclosed on.
c. not be foreclosed on if the mortgage went into effect before 1978.
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Q:
Which of the following claims against a real property interest would be the first to be satisfied?
a. First trust deed
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Q:
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a. borrower.
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Q:
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a. Estoppel
b. Covenant
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Q:
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a. fewer in number.
b. broader in coverage.
c. more restrictive.
d. greater in number.
Q:
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a. acknowledged and recorded.
b. signed and acknowledged.
c. delivered and accepted.
d. executed by the grantor.
Q:
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a. delivered but not signed.
b. signed by the grantor but not delivered.
c. recorded but not delivered.
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Q:
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a. conveyance.
b. covenant.
c. acknowledgement.
d. alienation.
Q:
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A unilateral contract results when a promise is exchanged for a promise.
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The absence of duress, menace and undue influence are requirements of lawful objective.
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If a contract is considered voidable, it is valid until voided.
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The sum of money agreed upon in advance to be the damages in the event certain problems occur later is best described as
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a. rewritten.
b. rejected.
c. reworded.
d. canceled.
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a. Accept it
b. Modify it slightly before acceptance
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c. offeror.
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a. a power of attorney.
b. an agency relationship.
c. special agent status.
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