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Jamie bought a tax certificate for $3,200. What did Jamie actually purchase? Imm

ID: 396016 • Letter: J

Question

Jamie bought a tax certificate for $3,200. What did Jamie actually purchase?

Immediate legal title to the foreclosed property

Nothing, Jamie simply paid for another person's taxes for nothing in return

Legal title to the property if the homeowner does not pay her back within 3 years

The right to apply for the property's deed by agreeing to pay the taxes due on that property

A ________ is an automatic switch that stops the flow of electric current in a suddenly overloaded or otherwise abnormally stressed electric circuit.

circuit breaker

fuse dam

voltage detector

watt valve

Explanation / Answer

Answer 1:

Explanation:

Answer 3:

Explanation:

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