Robin's home is in a state that has a $60,000 homestead exemption. Robin de-faults on a $120,000 debt that she owes to Suburban Mortgage Company. Robin's home is sold at auction for $160,000. Refer to Fact Pattern 26-1. Robin will receive?
A) $0
B) $60,000.
C) $100,000.
D) $120,000.
B
You might also like to view...
In 2018, the maximum annual contribution to a SIMPLE pension plan for an employee under the age of 50 is:
A. $18,500 B. $55,000 C. $15,500 D. $12,500
Operational decisions, including inventory planning and control, and inbound/outbound transportation, are the focus of ______.
A. intermediate-term demand planning decisions B. long-term demand planning decisions C. short-term demand planning decisions D. prolonged demand planning decisions
Despite various efforts, in which of the following areas of speech and the Internet has legislation NOT been successful?
A) full disclosure B) indecent speech C) copyrighted music D) e-fraud
What is scienter?
A) knowledge that a representation is false B) undue influence used on a party to sign a contract C) another term for duress D) damages paid to a victim of a scam