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Question 162 - CTFA discussion

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__________ refers to failure to meet legal obligations in a contract, specifically, failure to make the monthly payments on the mortgage.

A.
Foreclosure
Answers
A.
Foreclosure
B.
Default
Answers
B.
Default
C.
Amortization
Answers
C.
Amortization
D.
Callable debt
Answers
D.
Callable debt
Suggested answer: A
asked 16/09/2024
Eric Persson
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