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nikitadnepr [17]
3 years ago
8

Seller Dayne was made aware by the trustee that the lender was wanting to proceed with foreclosure on his property. What type of

financial agreement does Seller Dayne have with this lender
Business
1 answer:
elena55 [62]3 years ago
6 0

Answer:

Promissory agreement and Deed of trust.

Explanation:

In this scenario, Seller Dayne was made aware by the trustee that the lender was wanting to proceed with foreclosure on his property. The type of financial agreement that Seller Dayne have with this lender is a Promissory agreement and Deed of trust.

A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.

On the other hand, a deed of trust can be defined as a legal document used by a party (borrower) to pledge his or her property to another party (lender) as guarantee or collateral for the repayment of a loan. The deed of trust is typically made up of three (3) parties; the lender, borrower and a trustee.

Additionally, a foreclosure on a property refers to a legal procedure whereby the property being pledged by a borrower for a debt is sold to pay off the debt as a result of defaulting in payments or terms with respect to a loan.

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"Defamation of character"

Is a catch-all term for any statement that hurts someone's reputation. Written defamation is called "libel," while spoken defamation is called "slander." Because written statements last longer than spoken statements, most courts, juries, and insurance companies consider libel more harmful than slander.

Defamation is not a crime in most states, but it is a "tort" (a civil wrong, rather than a criminal wrong). The person who has been defamed (the "plaintiff") can sue the person who did the defaming (the "defendant") for damages.

Defamation law tries to balance competing interests: On the one hand, someone shouldn't be able to ruin your life by telling lies about you; on the other hand, people should be able to speak freely without fear of litigation over every insult, disagreement, or mistake. Political and social debate is important in a free society, and we obviously don't all share the same opinions or beliefs. For example, political opponents often reach opposite conclusions from the same facts, and editorial cartoonists often exaggerate facts to make their point.

How Do You Prove Defamation?

Defamation happens when a person makes a false statement—verbally or in writing—about someone else that damages that person's reputation. Defamation laws vary from state to state, but the basic principles of defamation law are the same in every state.

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timofeeve [1]

Answer:

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Explanation:

I hope this helps

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3 years ago
Gavin tells Rod that he will pay him $400 to paint his house. Rod starts to paint, intending to accept. Halfway through his pain
natta225 [31]

Answer:

Gavin is allowed to revoke if he finds Rod's efforts half-hearted

Explanation:

given  data      

Gavin pay  for paint his house = $400

solution

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If he starts to paint the offer, and Gavin doesn't like his work, the offer may be canceled.

so scenario is Gavin is allowed to revoke if he finds Rod's efforts half-hearted

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