Examlex
With respect to bearing the risk of future property price fluctuations,which of the following lending relationships is viewed as the most risky from the borrower's perspective?
Mortgage Payment
Periodic payments made by a borrower to a lender, typically comprising both principal and interest, for the repayment of a mortgage loan.
Cause of Action
A set of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party.
Breach of Contract
The failure to perform any term of a contract, written or verbal, without a legitimate legal excuse.
Intended Beneficiary
An individual or group for whom a contract is specifically designed to benefit.
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