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Lisa Is a Single Parent of Three Children

question 29

Multiple Choice

Lisa is a single parent of three children. Every day, she cooks, prepares her children for school, and takes care of the household. She also has a demanding job that she does not like, but cannot quit as she is concerned about meeting the household expenses. Lisa's condition best exemplifies __________.


Definitions:

Deed of Trust

A document that conveys title to real property to a trustee as security for a loan until the grantor (borrower) pays the lender according to the terms of a loan.

Mortgage

A loan secured by the collateral of real estate property, where the borrower is obliged to pay back with a predetermined set of payments.

Trustee

A person or firm that holds and administers property or assets for the benefit of a third party.

Creditor

An individual or institution to whom money is owed.

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