A Clause in a Mortgage Loan Contract Requiring the Borrower

question 8

Multiple Choice

A clause in a mortgage loan contract requiring the borrower to purchase homeowner's insurance is an example of a

• A)proscriptive covenant.
• B)prescriptive covenant.
• C)restrictive covenant.
• D)constraint-imposed covenant.

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Definitions:

Bicycle Riding

The act of operating and balancing on a bicycle, which involves coordinating movement and maintaining stability.

Extra Time

Additional time allotted to complete a task or for an event to occur, often used in contexts like examinations or sports.

Withdrawal

A psychological and/or physiological response characterized by symptoms that occur upon the abrupt discontinuation or decrease in intake of medications or recreational drugs.

Scolding

The act of criticizing someone, especially a child, sharply or severely for their behavior.