a. A person alternatively bound for the performance of different prestations shall completely perform all of them. b. As a rule, the right to choose which obligation to perform from among alternatives is conferred to the debtor. c. When from among the choices available only one is possible, the obligation in effect ceases to be alternative. d. Because it would be beneficial to the creditor, the debtor is allowed to perform all the obligations which are set in the alternative. which of the following is true?
Mortgages
A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.
Mortgage
The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.
a. A person alternatively bound for the performance of different prestations shall completely perform all of them.
b. As a rule, the right to choose which obligation to perform from among alternatives is conferred to the debtor.
c. When from among the choices available only one is possible, the obligation in effect ceases to be alternative.
d. Because it would be beneficial to the creditor, the debtor is allowed to perform all the obligations which are set in the alternative.
which of the following is true?
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