Case-Based Critical Thinking Question

question 30

Multiple Choice

Case-Based Critical Thinking Question
Kamilla is creating a pet adoption website, and is currently learning about her options using the position property.
Kamilla discovers that although there are several options for the position property, ____ is not one of them.

• A) absolute
• B) fixed
• C) relative
• D) float

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Definitions:

Mortgage

A legal agreement by which a bank or creditor lends money at interest in exchange for taking title of the debtor's property, with a clause for voiding the agreement upon repayment.

Discharged

In legal terms, released or freed from an obligation, duty, or liability.

Incidental Beneficiary

A third party who may benefit from a contract between two other parties, albeit unintentionally and without the legal right to enforce the contract terms.

Enforce Agreement

The legal process of ensuring that the terms of a contract are carried out as agreed upon by the parties.