Abner borrows funds from Boomtown Credit Union (BCU) to buy real property.Abner signs a written instrument that gives BCU an interest in the property as security for the debt's payment.This instrument is
A) a mortgage.
B) a Treasury security.
C) a workout agreement.
D) homeowners' insurance.
Correct Answer:
Verified
Q23: Fact Pattern 31-1B
Northeast Bank makes mortgage
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Q30: Fact Pattern 31-1B
Northeast Bank makes mortgage
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