Examlex

Solved

Endorsement of Horoscopes Is Likely the Result Of

question 149

Multiple Choice

Endorsement of horoscopes is likely the result of:


Definitions:

Mortgage

A secured loan where the borrower pledges real estate as collateral to secure repayment to the lender, often used to purchase property.

Security Interest

A legal right granted by a debtor to a creditor over the debtor's property to secure the repayment of a debt or performance of some other obligation.

Real Property

Land and anything permanently affixed to it, such as buildings and trees.

Mortgage

A legal agreement by which a bank or creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Related Questions