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  3. Study Set
    Financial Accounting Reporting Analysis
  4. Exam
    Exam 9: Reporting and Analysing Liabilities
  5. Question
    If a Borrower Is Unable to Repay a Mortgage, the Lender
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If a Borrower Is Unable to Repay a Mortgage, the Lender

Question 69

Question 69

True/False

If a borrower is unable to repay a mortgage, the lender has no right to recover the debt against the mortgaged property.

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