It Is Common Today for a ________, Needing More Funds

question 105

Multiple Choice

It is common today for a ________, needing more funds, to transfer the equity of redemption to another creditor as security for a further loan.

• A) debtor
• B) mortgagee
• C) landlord
• D) mortgagor
• E) remainderman

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Definitions:

Security and Safety Needs

Basic human requirements that include the need for personal safety, protection from physical harm, and assurance of one's health and well-being.

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory in psychology proposing a five-tier model of human needs, from physiological to self-actualization.

Casual Listening

An informal way of listening without active concentration or deep analysis.

Counselors

Professionals who provide guidance and advice in various fields, including education, health, and psychological well-being.