If a Mortgage Is Silent with Regard to Assuming It

question 16

Multiple Choice

If a mortgage is silent with regard to assuming it, it is most likely

• A) that it can be assumed.
• B) that it cannot be assumed.
• C) that it can be assumed if it is an FHA or VA guaranteed mortgage.
• D) none of these.

---

Definitions:

Reverse Mentoring

A mentoring approach where younger or less experienced individuals provide guidance and share knowledge with older or more experienced colleagues, often about new technologies or cultural trends.

Millennial Employees

Individuals born approximately between 1981 and 1996, considered to be the workforce segment with distinct values and work preferences.

Hierarchical Networks

Organized systems or structures where entities are ranked one above the other according to their level of authority or importance.

Lateral Networks

Informal communication channels within an organization that run across different departments or units, enhancing collaboration and information sharing.