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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Bonds and Long-Term Notes Payable
  5. Question
    Most Mortgage Contracts Grant the Lender the Right to Foreclose
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Most Mortgage Contracts Grant the Lender the Right to Foreclose

Question 78

Question 78

True/False

Most mortgage contracts grant the lender the right to foreclose on the property used as security for the note if the borrower fails to pay in accordance with the terms of the debt agreement.

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