If the Borrower Is Unable to Pay the Mortgage, the Mortgagee

question 26

Multiple Choice

If the borrower is unable to pay the mortgage, the mortgagee has the right to:

• A) fore-close on the property
• B) obtain 50% of the value of the property from the borrower
• C) take all of the borrower's tangible possessions
• D) have the borrower put in prison
• E) none of the other choices are correct

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Definitions:

Influence

The capacity or power of persons or things to be a compelling force on or produce effects on the actions, behavior, opinions, etc., of others.

Heredity

The passing of traits from parents to offspring through genes.

Branch of Biology

A specific area of study within biology, such as genetics, zoology, or botany, focusing on different life forms and their characteristics.

Heredity

The genetic transfer of mental or physical features from parents to their offspring across generations.