NBE Funeral Service Director

Answer: C - A title represents a person’s legal or equitable right to property.

A title is a legal document that confers either a legal or equitable interest of ownership in property. A title may be transferred by means of assignment (absolute or collateral) or through sale and change of ownership to another party. An offer is a component of an agreement or contract where something of value is made available in exchange for some consideration (something else of value). Interest is a nominal amount added to a sum made available for loan and a mortgage is a term associated with a home loan.