Who gives the lender the mortgage and note?

When a party is in default in a contract due to missing a payment deadline, the contract is considered to be

A) breached B)executed C) unilateral D) illegal

Which of the following is generally unnecessary in measuring the cost of debt?

A) a forecast of future interest rates B) the proportions of the various classes of debt a firm proposes to use C) the corporate income tax rate D) All of the above are necessary for measuring the cost of debt.