An "open-end" provision in a mortgage would benefit the borrower the most if he:
A: Prepaid the loan;
B: Allowed a subsequent buyer to assume the loan;
C: Had a loan subordinated to a construction loan;
D: Borrowed additional money.
Answer: D: Borrowed additional money.
Business
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Indicate whether the statement is true or false
Business
Which type of organizational structure would be most appropriate for a company with a defender strategy?
A) Flat B) Boundaryless C) Differentiated D) Bureaucratic
Business