The owner of six separate parcels of real property wants to offer all the parcels as security for a mortgage loan. The type of mortgage obtained will most likely be:
a. blanket
b. straight
c. purchase money
d. all inclusive
Answer: a. blanket
Business
You might also like to view...
Which of the following is not one of the risk responses identified in the COSO Enterprise Risk Management Framework?
A) Monitoring B) Avoidance C) Acceptance D) Sharing
Business
Two projects that have the same cost and the same expected cash flows will have the same net
present value. Indicate whether the statement is true or false
Business