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    The Law and Business Administration Study Set 2
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    Exam 25: Mortgages of Land and Real Estate Transactions
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    When There Is a Mortgage on Land, the Is the Borrower
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When There Is a Mortgage on Land, the Is the Borrower

Question 17

Question 17

Multiple Choice

When there is a mortgage on land, the is the borrower, and the is the lender.


A) mortgage broker; mortgagor
B) debtor; land owner
C) mortgagor; mortgagee
D) creditor; bank
E) mortgagee; mortgagor

Correct Answer:

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