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Susie and Johnny Just Got Engaged at Christmas

question 11

Multiple Choice

Susie and Johnny just got engaged at Christmas. They plan to marry in May. Their engagement can be classified as:


Definitions:

Forecloses

The legal process by which a lender takes possession of a property when the borrower fails to keep up with mortgage payments.

Deficiency

The lack or shortage of something, typically a necessary quantity or quality.

Liable for Payment

Being legally responsible for the settlement of a debt or financial obligation, typically as a consequence of a contract or law.

Consent

The voluntary agreement to or approval of what is done or proposed by another; can be given explicitly or implicitly.

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