Most States Have Adopted The

question 41

Multiple Choice

Most states have adopted the:

• A) title theory, which gives the mortgagor the right of ownership and possession.
• B) lien theory, under which the mortgagor retains title and is entitled to possession to the exclusion of the mortgagee, even if the mortgagor defaults.
• C) title theory, which brings no right of redemption.
• D) position that the person who owns property subject to a mortgage will not be liable to the creditor for "waste."

---

Definitions:

University Professor

An academic title for a higher-level educator and researcher at a college or university, typically involved in teaching and scholarship.

Writing Approach

The method or style a writer uses to convey their ideas or tell a story.

Persuasive

Having the ability to convince or influence others through argument or presentation.

Objective

A goal or aim that a person or an organization strives to achieve.