Which of the Following Statements with Regards to Mortgage Loans

question 84

Multiple Choice

Which of the following statements with regards to mortgage loans is false?

• A)Mortgage loans are usually made on a credit foncier basis.
• B)A 'balloon' payment may be necessary at maturity.
• C)Most life insurance companies specify a minimum amount for mortgage finance,usually upwards of $200 000.
• D)The main source of mortgage finance for companies has traditionally been superannuation funds.

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Definitions:

Mental Resources

Cognitive capacities and energies available to an individual for processing information and solving problems.

Treisman's Attenuation Theory

Treisman's Attenuation Theory is a model of selective attention that proposes a weakened strength of unattended messages rather than a complete blockage, allowing for meaningful stimuli to be processed at a lower priority.

Cocktail Party Effect

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, as in a noisy environment.

Spotlight Metaphor

A model that describes how attention is focused on specific aspects of the visual field, selecting certain details for processing while ignoring others.