The Original Mortgagor and Mortgagee Can Transfer Their Interests to Assignees

question 26

Multiple Choice

The original mortgagor and mortgagee can transfer their interests to assignees whose right and obligations will depend primarily on which of the following?

• A) Agreement of the parties to the assignment
• B) Legal rules protecting the interest of one who is party to the mortgage but not to the transfer
• C) Both of these.
• D) None of these.

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Definitions:

Saltatory Conduction

Fast propagation of an action potential at successive nodes of Ranvier; saltatory means “leaping.”

Nodes Of Ranvier

Gaps in the myelin sheath around nerve fibers where the axon is exposed and action potentials are regenerated.

Sodium-Potassium Pumps

Membrane proteins that help maintain cellular homeostasis by actively transporting sodium out of cells and potassium into cells.

Multiple Sclerosis

An autoimmune disease that affects the brain and spinal cord, leading to demyelination, inflammation, and damage to nerve cells.