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George Borrows Funds from Hometown Credit Union (HCU) to Buy

Question 16

Multiple Choice

George borrows funds from Hometown Credit Union (HCU) to buy real property. George signs a written instrument that gives HCU an interest in the property as security for the debt's payment. This is​


A) ​a mortgage.
B) ​an artisan's lien.
C) ​a workout agreement.
D) ​a suretyship arrangement.

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