A Foreclosure Happens When

question 21

Multiple Choice

A foreclosure happens when:

• A)the rates of interest prevalent in the housing market are extremely volatile, forcing the lender to demand additional collateral from the borrower.
• B)the lenders attempt to recover loan balances from the insolvent borrowers by forcing the sale of the home pledged as collateral.
• C)the borrowers repay their housing loan well before the estimated closing period of the loan.
• D)the value of a house is higher than the loan taken on the property.
• E)the borrower is planning to restructure the loan taken for making mortgage payments.

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Definitions:

Violation

An act that goes against a law, rule, or code of conduct; an infringement.

Patient's Dignity

The respect for the inherent value and worth of each individual patient, recognizing their rights, privacy, and self-esteem in medical care.

Suffering Related

Refers to aspects or conditions that are associated with experiencing pain, distress, or hardship.

Ontological Health Model

A conceptual model focusing on the being and existence of individuals in relation to their health and well-being.