Mortgage Bonds

question 94

Multiple Choice

Mortgage bonds:

• A)are a type of debenture.
• B)are secured by a lien on real property.
• C)usually pay little or no interest.
• D)can only be issued by financial institutions.

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Definitions:

Elevate

To elevate means to raise something to a higher position or level, physically or metaphorically.

Friction

A force that opposes the movement of two surfaces that are in contact with each other.

Adaptation

The process by which organisms adjust to their environment in order to survive and reproduce, including changes in structure, function, or behavior.

Limbs

Appendages on the human body or on other animals, used for movement or manipulation.