Question

Stone purchased farm land from Fowler with the idea of developing it. Fowler took part payment in cash and the balance in the form of a note and mortgage. Which of the following clauses did Stone insist on including in the security instrument?AlienationSubrogationEscalationSubordination

Answer 1

Answer:

The correct answer is Subordination.

Explanation:

Legal certainty refers, essentially, and in terms of its positive aspect, to certainty and, as regards the negative aspect, to the prohibition of arbitrariness, which are no more than two sides of the same coin, and it is projected so much in vertical relations (between the individual and the State) as in the horizontal (between individuals).