A loan covering more than one property would be a
a. compound loan.
b. blanket encumbrance.
c. subordinated loan.
d. reverse mortgage.
Answer: b. blanket encumbrance.
Business
You might also like to view...
A debit decreases the balance of which types of accounts?
A. expenses and assets B. liabilities and revenues C. assets and liabilities D. assets and stockholders' equity
Business
The process of helping a person attain or regain his or her potential as a citizen that may take the form of counseling or therapy is called ______
Fill in the blanks with correct word
Business