Which of the Following Situations Is NOT a Common Cause

question 40

Multiple Choice

Which of the following situations is NOT a common cause for the use of a purchase-money mortgage?

• A) The buyer cannot come up with the down payment needed to qualify for a mortgage
• B) The seller wants to receive the gain from the sale in installments
• C) Third-party mortgage financing is too expensive of unavailable
• D) The seller desires to artificially raise the price of the property by receiving a higher-than-market interest rate

---

Definitions:

Escalation Of Commitment

This refers to the phenomenon where individuals or organizations continue to invest time, money, or resources into a failing course of action due to the substantial resources already invested, rather than altering or abandoning the course.

Problem No Longer Exists

A situation where previously identified issues have been resolved or are no longer relevant.

Resolved

The state in which a problem, conflict, or difficulty has been solved or dealt with effectively.

Dissolved

Dissolved, in a general context, means to have been disintegrated or dispersed into a liquid to form a solution, or to cease to exist as a distinct entity.