True/False
Some states permit a mortgagee to bring a separate legal action to recover a deficiency from the mortgagor.If the mortgagee is successful,the court will award an equitable judgment that entitles the mortgagee to recover the amount of the judgment from the mortgagor's other property.
Correct Answer:

Verified
Correct Answer:
Verified
Q133: Which of the following will have the
Q134: Which of the following is true about
Q135: _ personal property includes equipment,vehicles,furniture,computers,clothing and jewelry,while
Q136: A person who acts as a surety
Q137: A security agreement may provide that the
Q139: Which of the following is true about
Q140: Generally,if two creditors have perfected security interests
Q141: What risks are there for lenders who
Q142: Ajax Corporation borrowed $50,000 from National Bank,giving
Q143: Antideficiency statutes usually apply only to _