An existing mortgage loan can have its lien priority lowered through the use of a

A) hypothecation agreement.
B) satisfaction of mortgage.
C) subordination agreement.
D) reconveyance of mortgage.

Answer: C) subordination agreement.

Business

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You live in Arkansas and bank with Big Bank. One day you discover that when you open your most recent bank statement that Big Bank is illegally charging you a service fee every time you check your account balance online. Big Bank has its principal place of business in New York and does not have a physical bank branch in Arkansas. The Arkansas court may exercise personal jurisdiction over Big Bank if:

A. Big Bank is a corporation. B. Big Bank has minimal contacts with Arkansas. C. Big Bank meets the state actor requirement. D. Big Bank charged you more than $25,000 in fees. E. Big Bank requires arbitration.

Business

An SBU can be a company division or a product line within a division, but not a single product or brand

Indicate whether the statement is true or false

Business