In General, a Mortgagor Is Under a Duty To: ______

question 38

Multiple Choice

In general, a mortgagor is under a duty to: ______.

• A) make improvements to the mortgaged property.
• B) insure the property.
• C) pay taxes and assessments on the property.
• D) reimburse the mortgagee for expenditures made by the mortgagee for valuable and lasting improvements.

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Definitions:

Fixed Traits

Characteristics, personality attributes, or abilities believed to be inherent and unchangeable over time.

Entity Theorists

Individuals who believe that personal qualities such as intelligence and talent are fixed and unchangeable.

Incremental Theorists

Individuals who believe that abilities can be developed through dedication and hard work, emphasizing growth and learning.

Fundamental Attribution Error

A bias in social psychology where individuals overestimate the role of dispositional factors and underestimate situational factors in explaining other people's behavior.