To which of the following type of mortgages does the antideficiency statute apply?

A. foreign currency mortgages
B. home improvement mortgages
C. first purchase money mortgages
D. second purchase money mortgages


Answer: C

Business

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General merchandise wholesalers

A. carry a broad assortment of merchandise and perform all channel functions. B. deal exclusively with small low-cost consumer products that are distributed to a select number of large retail chains. C. have a small warehouse from which they stock their trucks for distribution to retailers. D. work for several producers, carry noncompetitive, complementary merchandise in an exclusive territory, and use over-the-road transportation for all product deliveries. E. own the merchandise they sell but do not physically handle, stock, or deliver it.

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"Politicians cannot avoid causing the death of innocent people if they try to keep public expenditure in check or help maintain a semblance of international order." Which ethical theory is most likely to accept the preceding statement as true?

A. utilitarianism B. deontology C. fundamentalism D. moral relativism E. causal thinking

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Francesca cannot serve as a trustee in a bankruptcy case because she is not a lawyer.

Answer the following statement true (T) or false (F)

Business

Which of the following is NOT a typical source selection criterion that an organization would use to evaluate potential contractors?

a. life cycle cost b. references c. personalities d. technical approach

Business