When the owner of real property obtains a new mortgage to pay-off an old mortgage it is known as
a. refinancing
b. foreclosure
c. assumption
d. subordination
Answer: a. refinancing
Business
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A. 401(k) plan B. Profit sharing plan C. Money purchase plan D. Defined benefit plan E. Employee stock ownership plan
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A visual printed message most often acts as what?
A) A replacement for text B) Supporting material in printed documents C) A guide to printed reports D) A replacement for interactive digital components E) A supplement to interactive digital components
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