Which of the following is true with respect to a mortgage? O A mortgage with respect to real estate is considered an interest in land. O A mortgage is not a contract. O A mortgage is never considered to be an interest in land. O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.
Which of the following is true with respect to a mortgage? O A mortgage with respect to real estate is considered an interest in land. O A mortgage is not a contract. O A mortgage is never considered to be an interest in land. O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Which of the following is true with respect to a mortgage?
O A mortgage with respect to real estate is considered an interest in land.
O A mortgage is not a contract.
O A mortgage is never considered to be an interest in land.
O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.
Transcribed Image Text:A therapist agrees to purchase a tract of land from her patient. Which of the following is true?
O Because the therapist has a fiduciary relationship with her patient, there is a presumption of undue influence
that must be overcome.
None of the alternatives are correct
There is no difference between their contract and any other contract.
Because the therapist has a fiduciary relationship with her patient. there is a presumption of duress.
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