Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 2 Exam with our comprehensive quiz that covers essential concepts and topics. Enhance your understanding with multiple choice questions designed to test your knowledge and boost your confidence before the exam.

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What is considered an acceptable way to correctly identify buyers in an agreement of purchase and sale?

  1. Edward G. and Christine M. Jones

  2. Edward and Christine Jones

  3. Edward Gordon Jones and Christine Marie Jones

  4. Ed G. Jones and Christy M. Jones

  5. Mr. and Mrs. Edward G. Jones

The correct answer is: Edward Gordon Jones and Christine Marie Jones

In an agreement of purchase and sale, it is important to accurately identify the buyers. Option C, "Edward Gordon Jones and Christine Marie Jones," is the correct answer. This is because in legal documents, it is crucial to use the full legal names of the individuals involved to avoid any confusion or disputes in the future. Using the full legal names of the buyers helps ensure that the agreement is clear and binding for all parties involved. Options A, B, D, and E either use abbreviations, inconsistent naming conventions, or informal titles like "Mr. and Mrs.," which are not considered acceptable ways to identify buyers in a legal document like an agreement of purchase and sale.