A Binding Obligation That Goes with Property When It Is

question 161

Multiple Choice

A binding obligation that goes with property when it is transferred to a new owner, who must abide by the obligation, is called a:

• A) lien
• B) covenant
• C) mortgage
• D) possessory
• E) none of the other choices are correct

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Definitions:

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A conflict (1990-1991) between Iraq and a coalition of countries led by the United States to liberate Kuwait from Iraqi annexation.

George H.W. Bush

The 41st President of the United States, serving from 1989 to 1993, known for overseeing the end of the Cold War.

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Members of the United States Armed Forces, including the Army, Navy, Air Force, Marine Corps, and Coast Guard, serving in various capacities domestically and abroad.