Question: Please ANSWER ALL THREE QUESTIONS and only answer no need for explanation, thanks 1 - Which solution is NOT a remedy for the breach of

Please ANSWER ALL THREE QUESTIONS and only answer no need for explanation, thanks

1 - Which solution is NOT a remedy for the breach of a real estate sale contract?

A) Suit for compensatory damages

B) Claim against the Real Estate Recovery Fund

C) Provision for liquidated damages

D) Suit for specific performance

2 - Which mortgage clause prevents a buyer from assuming an existing mortgage loan?

A) Acceleration

B) Due-on-sale

C) Prepayment penalty

D) Right to reinstate

3 - An elderly couple has paid off their 30-year mortgage. They receive Social Security and a pension. The couple is in need of additional income due to increasing medical expenses. What type of mortgage might be beneficial in this situation?

A) Reverse

B) Partially amortized

C) Five-year term

D) Adjustable-rate

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