Ncs Nw Business/Trust Requirements Action Plan
5 Questions
| Attempts: 38
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Requirement codes need to be shown on a Lot Book Guarantee.
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True
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False
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About This Quiz
This quiz is for the business/trust requirements ACTION plan that was trained on 18 February 2010.
Quiz Preview
- 2.
When there is no record of active business entity - what code will need to be shown (for commitments in the preprinted requirements section, for prelims in the info notes)
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ORE/E1
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ORE/E2
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ORE/M1
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ORE/ET1
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ORE/T1
Correct Answer
A. ORE/ET1 -
- 3.
On a prelim - what requirement code needs to be shown if the vestee is a LLC?
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R/26
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R/44
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R/51
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M/55
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R/49
Correct Answer
A. R/44 -
- 4.
On a commitment- what preprinted requirement codes needs to be marked if the vestee is an inactive partnership? (Choose all that apply)
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RPTS/C14 (G)
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RPTS/C3 (K)
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RPTS/CC2 (J)
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RPTS/CC4 (L)
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RPTS/CC7 (M)
Correct Answer(s)
A. RPTS/C14 (G)
A. RPTS/C3 (K)
A. RPTS/CC7 (M) -
- 5.
Trusts do not need to be ran in the business registry.
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True
-
False
Correct Answer
A. True -
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Current Version
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May 20, 2022Quiz Edited by
ProProfs Editorial Team -
Feb 19, 2010Quiz Created by
Ncsqclead
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