In the event of the bankruptcy of a mortgagor, an improperly or unrecorded mortgage will ______. a.
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Question:
In the event of the bankruptcy of a mortgagor, an improperly or unrecorded mortgage will ______.
a. still have preference over mortgages recorded later
b. be uncollectible
c. be considered an unsecured debt
d. likely cause a claim to be filed against the previous owner
e. none of the above
Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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