Which of the following is probably not considered a raw material?

Which of the following statements about real estate financing is incorrect:

A: Discounting a note indicates that it is being sold at less than the face value, or amount still owing on the principal; B: A promissory note is security for a mortgage; C: Although a mortgage does not transfer legal title to property, it is still considered a lien; D: The owner of a property who borrows money and signs a mortgage is called a mortgagor.

A normative model examines all the possible alternatives in order to prove that the one selected is the best

Indicate whether the statement is true or false