Which of the Following Is a Disadvantage of a Second

question 10

Multiple Choice

Which of the following is a disadvantage of a second mortgage compared to credit card debt?

• A) The loans are secured by the borrower's home.
• B) The borrower gives up the tax deduction on the primary mortgage.
• C) The borrower must pay points to get a second mortgage loan.
• D) The borrower will find it more difficult to qualify for a second mortgage loan.

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Definitions:

Gatekeeping

The control over the flow of information, often practiced by media professionals or organizations deciding what information is published or broadcasted.

Leading Questions

Questions formulated in such a way that suggests the desired answer, often used to influence the respondent's response.

Reality Check

An assessment to bring someone back to the understanding of the actual situation rather than an imagined one, often used to dispel illusions or misconceptions.

Gate-Keeping Role

The function of controlling, limiting, or facilitating the flow of information in an organization or social system.