A Doctrine Allowing a Mortgagor Who Has Defaulted to Regain

question 4

Multiple Choice

A doctrine allowing a mortgagor who has defaulted to regain her property prior to its sale by paying the debt in full with interest is known as:

• A) rehabilitation.
• B) the covenant of quiet title.
• C) foreclosure.
• D) the right of redemption.

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Definitions:

Oxidation-reduction

Chemical reactions involving the transfer of electrons from one substance to another, affecting the oxidation state of the involved species.

Precipitation Reaction

A precipitation reaction is a chemical reaction in which soluble ions in separate solutions react to form an insoluble compound that settles out of solution as a solid precipitate.

Limiting Reactant

The limiting reactant is the substance in a chemical reaction that is completely consumed first, thereby determining the maximum amount of product that can be formed.

Wax

A diverse class of organic compounds that are malleable at slightly higher temperatures than room temperature and mainly consist of hydrocarbons.