The act of extinguishing a debt by regular payment is:

a. Deprecation
b. Amortization
c. Prepayments
d. Acceleration

Answer: b. Amortization

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Which type of contract is not covered under Indiana Code?

a. Straight land contract b. Wrap-around land contract c. Power of sale d. Any land contract

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Irregular verbs, like eat and cut, are _______________

a. rare b. unpredictable c. never used d. inactive

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