Members of which of the following pairs of terms are synonymous?
A) Interim financing and construction loan
B) Construction loan and passthrough loan
C) Pass-through loan and takeout loan
D) Takeout loan and construction loan
Answer: A) Interim financing and construction loan
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Mark is awaiting the results of his bar exam. He tells Paula that he will continue to employ her as his secretary if he passes the exam. If he fails the exam, the employment relationship has been terminated in what way?
a) fulfillment of purpose b) operation of law c) unfulfilled condition d) revocation of authority e) it did not terminate
If a franchisor does not meet the material disclosure requirements of provincial franchise laws, the franchisee may be able to have the franchise agreement rescinded and their money refunded
Indicate whether the statement is true or false