Any Selection Device Should __________

question 131

Multiple Choice

Any selection device should __________.

• A)Be valid but not necessarily reliable.
• B)Be reliable but not necessarily valid.
• C)Be both reliable and valid.
• D)Be used only by highly trained professionals.
• E)Give prospective employees reasons to question the hiring process.

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Definitions:

Foreclosure

The legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.

Mortgage Holder

An entity or individual who holds the lien on a property; typically, this is the lender in a mortgage agreement.

Mortgage Debt

The amount of money a borrower owes to a lender, secured by real property through a mortgage agreement.

Law of Conveyancing

A body of law pertaining to the transfer of ownership of property rights from one person to another.