Business, 03.01.2020 01:31 bri9263

Xyz escrow has been turned down in its application for an escrow license. what could be the reasoning behind the denial of the license to xyz? a. xyz escrow could not prove it was financially solvent and was unable to furnish a surety bond of at least $100,000.b. xyz escrow could not prove it was financially solvent and was unable to furnish a surety bond of at least $25,000, or more, based upon the yearly average trust obligations. c. xyz escrow placed funds in a trust account that was exempt from execution or attachment. d. xyz escrow could not prove it was financially solvent and furnish bonds of indemnification for all employees of at least $25,000.

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Xyz escrow has been turned down in its application for an escrow license. what could be the reasonin...

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