On the sale of their property. the seller continues to make payments on their first loan and creates a new second mortgage with the buyer. The new second mortgage would be:
A. An open end loan.
B. A blanket loan.
B. A blanket loan.
C. A wraparound loan.
D. A reverse mortgage.
Answer: C. A wraparound loan.
Business
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Research into managerial use of DSS and expert systems found all the following EXCEPT
A) managers spent more of their time planning. B) managers saw their decision making quality enhanced. C) managers spent more time in the office and less in the field. D) managers were able to devote less of their time fighting fires.
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What type of loop is shown in the script below?
a) count controlled b) sentinel controlled c) algorithm controlled d) stepwise controlled
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