The doctrine declaring that the mortgagee's interest in the property is limited to the amount of the outstanding obligation is known as:
A) adverse possession.
B) the title theory.
C) the lien theory.
D) equity of redemption.
C
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A check is made payable "to the order of Sam Johnson." If this check is indorsed by Sam Johnson and given to Alex, Alex becomes the holder of the instrument
Indicate whether the statement is true or false
Allyse Petry is the owner of a boutique. During the year she made withdrawals of cash totaling $25,000. What accounts are debited and credited to close the owner's drawing account?
What will be an ideal response?
Every 10th product coming off a production line is inspected to check for quality. Such a sampling technique is called
A) systematic sampling. B) random sampling. C) nonrandom sampling. D) biased sampling.