A builder purchase 50 lost that are being used as collateral an alarm that contains a partial release clause. Which type of long did the builder obtain?

A) Blanket loan
B) Package loan
C) Purchase money mortgage
D) Reverse loan

Answer: A) Blanket loan

Business

You might also like to view...

The three categories of jobs identified as most appropriate to telecommuting are?

a. routine information-handling tasks, public relations tasks, and repetitive tasks b. routine information-handling tasks, intricate tasks, and repetitive tasks c. routine information-handling tasks, mobile activities and professional/knowledge-related tasks d. routine information-handling tasks, managerial tasks, and service-related tasks e. routine information-handling tasks, routine tracking tasks, and routine organizational tasks

Business

Only causal designs are truly appropriate for inferring cause-and-effect relationships

Indicate whether the statement is true or false

Business