In a Deed of Trust Transaction, When a Trustee Sells

question 44

Multiple Choice

In a deed of trust transaction, when a trustee sells the property and the proceeds generate a surplus, it _____.

• A) is paid to the borrower
• B) is paid to the lender
• C) is paid to the trustee
• D) goes to the state

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Definitions:

British Empiricists

Philosophers from Britain who emphasized the importance of sensory experience as the foundation of knowledge.

Transduction

The process of converting one form of energy into another, as in sensory organs transforming physical stimuli into nerve signals.

Sensitization

The process of becoming more receptive or sensitive to a stimulus after repeated exposure to it.

Distal Stimuli

Objects and events in the external world that provide sensory input, as opposed to the sensory signals (proximal stimuli) actually perceived by the senses.