Intelligence

question 35

Multiple Choice

Intelligence:

• A)affects behavior equally across all situations.
• B)is relatively easy to change.
• C)can be inferred in different ways.
• D)can be modified through education and experience.

---

Definitions:

First Mortgage

A primary mortgage on property that has precedence over all other voluntary liens or mortgages recorded against the property.

Registered

Officially listed or recorded by an authority to acknowledge legal status or compliance.

Equity of Redemption

Equity of redemption is the legal right of a mortgagor to reclaim their property after having paid off the full amount of the mortgage plus any interest and costs due.

Unregistered Mortgage

A mortgage that has not been formally registered with the relevant legal or governmental registry, potentially affecting its enforceability and priority.