Colorado is a lien theory state. This means:

a. seller is released from obligation by the lender
b. liens recorded against a property are never foreclosed through the courts
c. mortgages and trust deeds are liens and do not give the lender title to the property
d. all of the above

Ans: c. mortgages and trust deeds are liens and do not give the lender title to the property

Business

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Some company executives become so committed to a current, profitable technology that they fail to provide adequate levels of investment in new, apparently riskier technologies

Indicate whether the statement is true or false

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The terms "bilateral" and "unilateral" as applied to contracts are based on:

A) What the offeror must do to accept the offer. B) The number of attempts made to form a contract. C) The number of parties in a contract. D) The number of attempts it took for a contract to be successfully performed. E) What the offeree must do to accept the offer.

Business