In a judicial foreclosure proceeding, if the sale brings less than the amount due on the loan, the lender can apply to the court for a:
A. new loan agreement with the borrower
B. deficiency judgement
C. deposition
D. short sale
Answer: B. deficiency judgement
Business
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A CPA's defenses to liability under Section 11 of the Securities Act of 1933 do not include which of the following?
A. The misstatement or omission in a registration statement was not material. B. The plaintiff was unaware of the misstatement or omission in a registration statement. C. No misstatement or omission occurred in a registration statement. D. The plaintiff's loss was not caused by the omission or misstatement in a registration statement.
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Partners in strategic alliances can
A) learn from each other. B) pool resources for risky projects. C) speed up entry into new markets. D) all of the above
Business