Name: Score:
18 Multiple choice questions
Term 1 of 18
Who need sign the mortgage?
The indorser.
The mortgagor (or borrower giving security).
Only the grantor (or person relinquishing ownership).
The lessor (or landlord).
Term 2 of 18
Who need sign the lease?
The payee.
The mortgagor (or borrower giving security).
The lessor (or landlord).
Only the grantor (or person relinquishing ownership).
Term 3 of 18
Who is the person to whom it is payable?
The maker.
The payee.
The indorser.
The drawee.
,Term 4 of 18
Who is someone who assigns his interest in the note and signs his name on the back?
The drawee.
The maker.
The indorser.
The payee.
Term 5 of 18
Who is the signer of the note?
The indorsee.
The payee.
The maker.
The holder.
Term 6 of 18
Who is the person whom he assigns the note?
The person making the draft or checks.
The payee.
The indorsee.
The maker.
Term 7 of 18
If the grantor or mortgagor is married, does the husband or wife also have to sign and
acknowledge the instrument?
Yes
No
, Term 8 of 18
May a notary take the acknowledgement of a person who cannot sign his name?
Yes
No
Term 9 of 18
Can a notary notarize an instrument when he is out of the physical boundaries of the State of
Ohio?
Yes
No
Term 10 of 18
Who is the acceptor?
The person who writes the check.
The individual who deposits the check.
The recipient of the funds from the check.
In the case of a check, who if they accept it, the bank.
Term 11 of 18
Can a notary witness the signature and take acknowledgement in another State, then make the
certification in his own State?
Yes
No
Term 12 of 18
May a notary take the acknowledgement of a relative, even a wife or husband, if he himself has
no interest in the transaction?
Yes
No
18 Multiple choice questions
Term 1 of 18
Who need sign the mortgage?
The indorser.
The mortgagor (or borrower giving security).
Only the grantor (or person relinquishing ownership).
The lessor (or landlord).
Term 2 of 18
Who need sign the lease?
The payee.
The mortgagor (or borrower giving security).
The lessor (or landlord).
Only the grantor (or person relinquishing ownership).
Term 3 of 18
Who is the person to whom it is payable?
The maker.
The payee.
The indorser.
The drawee.
,Term 4 of 18
Who is someone who assigns his interest in the note and signs his name on the back?
The drawee.
The maker.
The indorser.
The payee.
Term 5 of 18
Who is the signer of the note?
The indorsee.
The payee.
The maker.
The holder.
Term 6 of 18
Who is the person whom he assigns the note?
The person making the draft or checks.
The payee.
The indorsee.
The maker.
Term 7 of 18
If the grantor or mortgagor is married, does the husband or wife also have to sign and
acknowledge the instrument?
Yes
No
, Term 8 of 18
May a notary take the acknowledgement of a person who cannot sign his name?
Yes
No
Term 9 of 18
Can a notary notarize an instrument when he is out of the physical boundaries of the State of
Ohio?
Yes
No
Term 10 of 18
Who is the acceptor?
The person who writes the check.
The individual who deposits the check.
The recipient of the funds from the check.
In the case of a check, who if they accept it, the bank.
Term 11 of 18
Can a notary witness the signature and take acknowledgement in another State, then make the
certification in his own State?
Yes
No
Term 12 of 18
May a notary take the acknowledgement of a relative, even a wife or husband, if he himself has
no interest in the transaction?
Yes
No
