QuestionJune 26, 2025

The term escrow has multiple meanings. a. True b. False

The term escrow has multiple meanings. a. True b. False
The term escrow has multiple meanings.
a. True
b. False

Solution
4.6(169 votes)

Answer

a. True Explanation 1. Determine the definition The term "escrow" can refer to a financial arrangement, a legal document, or a third-party service. 2. Evaluate the statement Since "escrow" has multiple meanings, the statement is true.

Explanation

1. Determine the definition<br /> The term "escrow" can refer to a financial arrangement, a legal document, or a third-party service.<br />2. Evaluate the statement<br /> Since "escrow" has multiple meanings, the statement is true.
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