Most States Would Invalidate Prepayment Penalties

question 64

True/False

Most states would invalidate prepayment penalties.

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Definitions:

Superior

Refers to someone who holds a higher position or rank, often used to describe someone in the organizational hierarchy above oneself.

Supportive

Providing assistance or encouragement to others.

Flexible

Capable of being easily modified or adapted to new, different, or changing requirements.

Rigid

Strikingly inflexible or unyielding; not easily bent or changed in shape or structure.