Which One of the Following Statements Correctly Relates to Reverse

question 80

Multiple Choice

Which one of the following statements correctly relates to reverse mortgages?

• A) The loans allow homeowners to build equity in their property.
• B) The total costs associated with the loans are relatively low.
• C) Borrowers only qualify if they are 65 years of age or older.
• D) Homeowner's make monthly payments of principal and interest.
• E) No payments are required from the borrower as long as the borrower lives in the mortgaged property.

---

Definitions:

Sociological Term

A concept or phrase used within the field of sociology to define and explain behaviors, structures, and phenomena within human societies.

Sapir-Whorf Hypothesis

The idea that language structures thought and that ways of looking at the world are embedded in language.

Culture Transmitted

Culture transmitted describes the process through which cultural beliefs, practices, norms, and values are passed from one generation to the next.

Internalized

The process by which individuals unconsciously integrate the beliefs, standards, or values of another individual or society as part of their own self-concept.