Which Type of Fraud Occurs When Individuals Purchase a Home

question 40

Multiple Choice

Which type of fraud occurs when individuals purchase a home they don't plan to live in and then deed the home over to another person who plans to live there?

• A) flipping
• B) straw buyer fraud
• C) qualification's fraud
• D) reverse mortgage fraud

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Definitions:

Laceration

A cut or tear.

Foreign Body

An object or substance present in a part of the body where it is not naturally found, often causing injury or infection.

Colles Fracture

A type of fracture of the distal radius in the forearm with dorsal (rear) displacement of the wrist and hand, often resulting from trying to stop a fall with outstretched hands.

Oblique Fracture

A type of bone fracture where the break is at an angle to the bone's long axis.