Examlex

Solved

Social Websites Have an Increasing Number of Subscribers Providing Reviews

question 35

True/False

Social websites have an increasing number of subscribers providing reviews of the establishments they patronize, providing the astute entrepreneur with impersonal referrals.


Definitions:

Foreclosure

The legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.

Mortgage Holder

An entity or individual who holds the lien on a property; typically, this is the lender in a mortgage agreement.

Mortgage Debt

The amount of money a borrower owes to a lender, secured by real property through a mortgage agreement.

Law of Conveyancing

A body of law pertaining to the transfer of ownership of property rights from one person to another.

Related Questions