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Random Quiz Shown for Lesson:
Part A. Conflict of InterestPrevious Page
Select the best answer for the following; misconduct by notaries public or others in connection with notarial acts may be addressed through: | Criminal proceedings
Civil proceedings Administrative proceedings None of the above All of the above |
Select the correct answer for the following: In the area of a real property transaction, a notary public has a conflict of interest if the notary public is a: | Grantor, grantee, mortgagor or mortgagee Vendor, vendee, or other beneficiary Trustor, trustee, lessor, or lessee None of the above All of the above |
A notary public who has a financial or beneficial interest in a transaction can perform it only provided the potential financial gain or benefit is stated clearly in writing. | True False |
If a notary public works for a company that will receive benefits or money from a transaction, the notary public can perform notarial services in connection with that transaction? | Yes No |
A notary public who has a direct financial or beneficial interest in a transaction cannot perform any notarial act in connection with that transaction. | True False |
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