Match Each Description with the Item Below

question 8

Multiple Choice

Match each description with the item below.
-Herbert Hoover

• A)was the secretary of the Treasury under Harding who developed a plan that would affect federal spending
• B)was the secretary of state under Harding who pledged American disarmament to avoid an expensive naval arms race
• C)was the army's chief of staff who treated a group of protesting veterans seeking their cash bonuses as "insurrectionists"
• D)was the secretary of state who called for the nations in the Great War to sign a pact to renounce war "as an instrument of national policy"
• E)died suddenly while president after suffering an attack of food poisoning on a trip to the western United States
• F)wrote the book American Individualism, asserting that he wished to promote a "rugged individualism" rather than selfishness
• G)was the Republican vice-presidential candidate in 1920 and rose to the presidency due to the death of the president
• H)was the Democratic presidential candidate in 1928 who led the party's anti-Klan, anti-Prohibition wing
• I)was the volunteer defense attorney for John Scopes and a tireless defender of the rights of the working class
• J)was the nominee of the fragmented Democrats during the 1924 election who could nearly outdo Coolidge in his conservatism

Understand the roles and definitions of parties involved in mortgage, deed of trust, and land contracts.

Comprehend the different systems and methods of foreclosure according to state laws.

Identify the rights and obligations of parties in the event of mortgage repayment, default, and foreclosure.

Know the responsibilities and risks of various types of surety and guarantor roles in loan agreements.

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Definitions:

Unsold Products

Items or goods that have been manufactured or acquired for sale but have not yet been purchased by customers.

Selling Price

The actual amount a customer pays for a product or service.

Mark-up

A markup on the goods’ purchase cost to account for administrative expenses and profit.

SuperMart

A large supermarket, often part of a chain, offering a wide variety of goods.