How are permit departments helpful in conversion investigation efforts?
A)Identifying the nature and location of businesses, new leases, and recent construction.
B)Obtaining information about chattel mortgages and loans to individuals or businesses on equipment.
C)Obtaining license numbers used for identification in transactions.
D)Identifying owned assets, indebtedness, mortgage holders, trustees or straw buyers.

Question

Quizplus · Accepted Answer

Permit departments can provide information about businesses and recent construction, which can be useful in conversion investigation efforts.

Answer: D
 Permit departments can also provide information on owned assets, mortgage holders, trustees, or straw buyers, which can be a valuable resource in conversion investigations. Chattel mortgages and loans to businesses may also be helpful, but this is not the primary focus of permit departments. License numbers may also be useful in some investigations but are not as comprehensive as information on assets and ownership.

How Are Permit Departments Helpful in Conversion Investigation Efforts