Which statement is incorrect concerning mortgages?
A) The mortgagee's interest terminates upon performance of the obligation secured by the mortgage.
B) The mortgagee has the right to enforce the mortgage by foreclosure upon default by the mortgagor.
C) The mortgagor must have complete or absolute ownership in the property.
D) Generally, no particular form of language is required to create a mortgage.
C
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Sue, a resident of the state of New York, was visiting her aunt in Iowa. While there, her car was hit by a drunken driver named Jerry, a resident of Iowa. Sue was injured in that accident. Which of the following actions can Sue take in this scenario?
A. Sue can sue Jerry and bring the case to Iowa state court, provided that the dollar amount of the controversy exceeds $75,000. B. Sue can file a case against Jerry in the New York state court, as she is a resident of that state. C. Sue can file a case against Jerry only in the Iowa state court, as this is a matter that involves state negligence law. D. Sue can sue Jerry and bring the case to Iowa federal court, as this is a case that involves diversity of citizenship.
As organizations implement monitoring technology, service desks may be located near or with the data center operations control team so that both teams can share service and network monitoring systems.
Answer the following statement true (T) or false (F)
Marketers can affect learning by providing information using a message, format, and delivery that will encourage customers to retain the information.
Answer the following statement true (T) or false (F)
?All else equal, in which of the following forms of business would the possibility of an agency problem be the greatest?
A. ?A U.S. corporation in which individual stockholders own extremely small proportions of the company. B. ?A proprietorship in which the owner is actively managing the business operations. C. ?A partnership in which all the partners share management and decision-making responsibilities equally. D. ?A foreign corporation with concentrated ownership that is, relatively few owners. E. ?A U.S. corporation that gives company shares as incentives to its managers.