Multiple Choice
Which of the following would a commercial lender indicate as being central to a mortgage on commercial property being taken out by a commercial borrower?
A) that the bank has a first claim against the land
B) morality of the banking institutions lending practices
C) agreement on rate of interest and repayment schedule
D) notice to all other creditors of the existence of the new debt
Correct Answer:

Verified
Correct Answer:
Verified
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