Which of the following is the most common remedy that a lender will use if the mortgage on a home is not paid?
A) judicial sale
B) power of sale
C) foreclosure
D) sue on the covenant
E) evict the borrower, take possession of the property and using it as a rental property
B
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When goods named in a contract are held by a bailee, tender of delivery occurs when the buyer
receives the goods from the bailee. Indicate whether the statement is true or false
Which of the following is included in the entry to record the issuance of 14,000 shares of $7 par value common stock at $21 per share cash?
A) Cash is debited for $294,000. B) Common Stock is debited for $98,000. C) Common Stock is credited for $294,000. D) Paid-In Capital in Excess of Par-Common is debited for $196,000.
Trends in jobs and hiring criteria raise new legal questions because:
a. increased emphasis on "soft skills" that are assessed subjectively limits employment opportunities for people of color b. increased emphasis on flexible job descriptions and teamwork limits employment opportunities for older workers c. increased emphasis on organization-fit limits employment opportunities for disabled persons d. all of the above e. none of the above
Naples Corporation has two service departments (Maintenance and Human Resources) and three production departments (Machining, Assembly, and Finishing). The two service departments service each other, and studies have shown that Maintenance provides the greater amount of service. Given the various cost allocation methods, which of the following choices correctly denotes whether Maintenance cost would be allocated to Human Resources? DirectStep-DownReciprocalA.YesNoYesB.YesNoNoC.YesYesYesD.NoYesNoE.NoYesYes
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E