1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ilya [14]
2 years ago
5

quizlet When a borrower defaults on a mortgage, which one of the following statements does NOT apply? The property will be sold

by the sheriff at public auction The highest bidder will receive a deed and occupancy at the time of the sale If the proceeds of the sheriff's sale do not cover the judgment debt owed by the mortgagor, the mortgagee may sue to obtain a deficiency judgment if the transaction is not exempt under the anti-deficiency rules If the proceeds received were not enough to pay off the debt, the defaulting borrower has a one year statutory right of redemption after the sale date
Business
1 answer:
ohaa [14]2 years ago
8 0

power of sale clause

What is borrower defaults?

Any default under or breach of any such agreement or instrument is referred to as a borrower default. This includes any default or event of default as defined in any agreement or instrument evidencing, governing, or issued in connection with lender Indebtedness, including but not limited to the Credit Agreement. Any situation or event that, upon giving notice, passing of time, or both, would, unless corrected or waived, become a borrower event of default is referred to as a borrower default. If the borrower fails to pay back any advances when they are due or if legal action is taken to appoint a receiver, trustee, liquidator, or custodian of the borrower or of all or a major portion of it, a borrower default is said to have taken place.

Learn more about borrower defaults with the help of given link:-

brainly.com/question/25662015

#SPJ4

You might be interested in
Which terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?
AysviL [449]

Answer: Agency problem

Explanation:

Agency problem  is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.

4 0
3 years ago
Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment ag
PtichkaEL [24]
<span>Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment agency. Direct interview requests includes:
</span>>Requesting an <span>interview during a personal visit to the company.
></span>Requesting an interview during a personal visit to the company.
><span>Requesting an interview through a telephone call.</span>
6 0
3 years ago
Read 2 more answers
All the following are examples of start-up costs EXCEPT
Zolol [24]

Answer:

A . payroll taxes.

Explanation:

Payroll taxes are imposed on the employers or employees of the company. In the examples of the question, the costs except for the payroll taxes are all paid by the company. Besides, payroll taxes are also not taxed on the company instead of on the employees' wages, which is funded by them. That is why all the examples are start-up costs except the payroll taxes

6 0
3 years ago
Manufacturing overhead data for the production of Product H by Shakira Company are as follows.Overhead incurred for 45,100 actua
Fittoniya [83]

Answer:

Total overhead cost variance                                      $

Standard fixed overhead cost ($9 x 45,100 hrs)    405,900

Less: Actual fixed overhead cost                             <u>411,000 </u>

Total overhead cost variance                                   <u> 5,100 (A)</u>

Explanation:

Total overhead variance is the difference between standard fixed overhead cost and actual fixed overhead cost. Standard fixed overhead cost is overhead rate multiplied by actual direct labour hours. Overhead rate is the total of variable overhead and fixed overhead rate ($8 + $1 = $9).

8 0
3 years ago
Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in
Margarita [4]

Answer:

$40,000

Explanation:

If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.

6 0
3 years ago
Other questions:
  • Given the following information, calculate the net present value:Initial outlay is $50,000; required rate of return is 10%; curr
    14·1 answer
  • Which of the following is a function of online analytical processing? Group of answer choices feeding vast amounts of informatio
    6·1 answer
  • ______________ insurance covers damage to your vehicle caused by something other than a collision.
    8·1 answer
  • Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending sha
    8·1 answer
  • A current liability is a debt that is reasonably expected to be paid a. out of cash currently on hand b. within one year c. out
    10·1 answer
  • What are the 3 techniques used for running a busines
    11·1 answer
  • Product design and choice of location are examples of _______ decisions.
    12·1 answer
  • A major financial institution hired a renowned security firm to attempt to compromise its computer network. A few days later, th
    10·1 answer
  • Why is it important for business professionals to take an active role in developing and managing information systems? A. They kn
    8·1 answer
  • Five years ago, our company purchased land for $53,000. This year, the land is
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!