A Mortgagor Has the Right to Sell the Property, but Will

question 15

True/False

A mortgagor has the right to sell the property, but will not be released from liability unless the debt is paid or a novation takes place. ​

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Definitions:

Competitive Advantage

A situation or factor that places a company in an advantageous or dominant position over its rivals in the business.

SWOT Analysis

A strategic planning technique used to identify and assess Strengths, Weaknesses, Opportunities, and Threats.

Blue Ocean Strategy

A marketing theory that suggests companies are better off searching for ways to gain "uncontested market space" than competing with similar companies.

Differentiation

Differentiating a product or service to enhance its appeal to a chosen market segment.