When a Borrower Deeds Property That Is to Be Put

question 80

Multiple Choice

When a borrower deeds property that is to be put up as security to a trustee,this is called a ________.

• A)mortgage
• B)land contract
• C)strict foreclosure
• D)deed of trust

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Definitions:

ADRs

American Depositary Receipts, a way for investors to own shares in a foreign company through U.S. securities exchanges.

WEBS

Exchange-traded funds (ETFs) that specifically track the performance of non-U.S. markets, commonly known as World Equity Benchmark Shares.

American Depository Receipts

Certificates issued by U.S. banks representing a specified number of shares in a foreign company's stock, traded on U.S. financial markets.

S&P 500 Portfolio

A portfolio of investments that aims to mimic the performance of the S&P 500, a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States.