Explain the difference between the lien theory and the title theory in relation to mortgages


The rights and duties of the parties to a mortgage may depend on whether the mortgage is considered to create a lien or to transfer legal title. Most states follow the lien theory under which the mortgagor (the debtor) retains title and is entitled to possession of the premises to the exclusion of the mortgagee (the creditor), even if the mortgagor defaults. Only through foreclosure or through the court appointment of a receiver can the mortgagor lose the right of possession. Under the title theory, the mortgage is considered to transfer title to the realty to the mortgagee who then has the right of ownership and possession. Practically, though, the mortgagor usually retains possession.

Business

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Two important negatives of unrelated diversification are

A. volatile sales and profits and making the mistake of diversifying into too many cash cow businesses. B. insufficient cash flows to finance so many different lines of business and a lack of uniformity among the strategies of the businesses it has diversified into. C. the difficulties of competently managing a set of fundamentally different businesses and having a very limited competitive advantage potential that cross-business strategic fit provides. D. underemphasizing the importance of resource fit and the strong likelihood of diversifying into businesses that top management does not know all that much about. E. overinvesting in the achievement of economies of scope and the difficulties of achieving a good mix of cash cow and cash hog businesses.

Business

Which of the following types of philanthropy configuration is based on a firm having both a low market and low competence orientation?

a. Constricted philanthropy b. Peripheral philanthropy c. Dispersed philanthropy d. Strategic philanthropy

Business

The book states that BOP strategies often fail. There are as many reasons for failure as there are reasons for success. The book explicitly states to "fail early and fail fast." Why is this advice important for social entrepreneurs?

A. It offers an "escape route" for risky ventures. B. It suggests that BOP strategies are destined for failure and therefore a success is a real "win." C. It suggests that a lot can be learned from failures, lessons that sow the seed of success for the next venture. D. It means the faster you fail, the more the investors will get back out of the venture. E. It suggests that if you think you might fail, get out early and recover your losses.

Business

We may begin the maximal-flow technique by picking an arbitrary path through the network

Indicate whether the statement is true or false

Business