A Right of Redemption of a Mortgage Cannot Be Defeated

question 32

True/False

A right of redemption of a mortgage cannot be defeated by operation of law.

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Definitions:

Sole Proprietorship

A business structure where a single individual owns, operates, and is responsible for all aspects of the business, including liabilities.

Hostile Takeover

An acquisition attempt by a company or individual despite resistance or opposition from the target company's management.