Multiple Choice
A certificate of ownership of an automobile will usually provide spaces for names of a registered owner and a legal owner. Which of the following statements is true?
A) A registered owner is usually a lender.
B) An equitable owner, who is purchasing the automobile on credit, is also the legal owner.
C) A purchaser-borrower is the registered owner.
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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