Each of the Following Is an Example of a Restrictive

question 100

Multiple Choice

Each of the following is an example of a restrictive covenant on a mortgage loan, except:

• A) net worth requirements.
• B) requiring that the borrower reside in a home for which he or she receives a mortgage.
• C) insisting the borrower carry physical damage insurance on the property securing the loan.
• D) requiring the borrower to obtain comprehensive health insurance.

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Definitions:

Supply Chain

The connected network of individuals, organizations, resources, activities, and technologies involved in the manufacture and sale of a product or service.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer, involving the coordination and integration of these flows both within and among companies.

Integration

The process of combining or coordinating separate elements, systems, or organizations to function together as a unified whole.