A creditor who has no security other than the debtor's promise to pay is
A) a secured creditor.
B) an preferential creditor.
C) a preferred creditor.
D) a general creditor.
E) a mortgagee.
Correct Answer:
Verified
Q2: In a foreclosure,even after the final day
Q17: Upon a sale of property,the document that
Q20: Under the land titles system,a first mortgage
Q20: Under the registry system,when a first mortgagee
Q21: In order to prevent mortgage fraud,as between
Q23: The rules regarding assignments continue in respect
Q27: Explain the difference between equity of redemption
Q28: Partial discharges of a mortgage act to
Q29: Usually there is no difference in the
Q34: A third mortgage is a mortgage of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents