Report Inaccuracies Come from

question 5

Multiple Choice

Report inaccuracies come from

• A)brief reports.
• B)illogical reasoning.
• C)mishandling of data.
• D)Both a and b.
• E)Both b and c.

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Definitions:

Guarantor

A guarantor is an individual or entity that promises to repay a loan or fulfill an obligation if the original debtor fails to do so.

Equitable Redemption

is a legal principle allowing a mortgagor in default the right to redeem or reclaim their property by paying off the entire mortgage debt before a foreclosure sale.

Lender

An individual, organization, or entity that provides funds to another with the expectation of repayment plus interest.

Title

Legal term referring to the formal right of ownership of property, including the evidence or documents that prove ownership.