A Senior Mortgage Holder Is Owed a Mortgage Balance of $140,000

question 29

Multiple Choice

A senior mortgage holder is owed a mortgage balance of $140,000 and brings a foreclosure suit which includes all junior claimants in the suit.If the senior mortgage holder purchases the property for $140,000 at the foreclosure sale,what happens to the claim of the junior claimants?

• A)The liens of the junior claimants are unaffected and the debt is due upon sale
• B)The liens of the junior claimants are extinguished,but the debt owed to the junior claimants is unaffected
• C)The liens of the junior claimants and the debt owed to them are extinguished
• D)The liens of the junior claimants are unaffected,but the debt owed to them is extinguished

Acknowledge the influence of expectations and wording on research outcomes and participants' responses.

Realize the importance of critical thinking in evaluating research findings and assumptions.

Understand the impact of U.S. territorial expansion in the mid-19th century.

Analyze the motivations behind U.S. foreign policy toward Japan and its outcomes.

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Definitions:

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Alcohol Withdrawal

A group of symptoms that may occur when an individual who has been drinking heavily for weeks, months, or years stops or reduces alcohol consumption.

Safe Environment

A condition or state of being free from physical, psychological, or emotional harm and risk factors that could cause injury or disease.