An agreement executed by the seller, buyer, and lender on an existing mortgage to be assumed that will release the seller from any future liability is called a

A) novation
B) equitable title
C) defeasance clause
D) deed of trust

Answer: A) novation

Business

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Repurchase rate is a sales metric that is used to evaluate the performance of marketing plans

Indicate whether the statement is true or false

Business

Greta is marketing a product that is technologically advanced and requires a great deal of explanation. Which direct response tool should she use?

A) direct mail B) e-mail C) infomercial D) inbound telemarketing E) outbound telemarketing

Business