Question 21 (1 point)

Saved

A promise made without bargaining for anything in return is:

Question 21 options:

	supported by consideration
	a promise that is enforceable
	a type of offer
	a gratuitous promise

Question 22 (1 point)

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A default in a mortgage occurs:

Question 22 options:

	when a monthly payment is made
	when the last payment is made
	when the first payment is made
	none of the above

Question 23 (1 point)

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A clause in a mortgage that states that the total of principal and interest falls due and payable in a default is:

Question 23 options:

	called the term of the mortgage
	called an acceleration clause
	a maturity date
	amortization period

Question 24 (1 point)

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A person dies "intestate" when:

Question 24 options:

	he or she dies without signing a will
	he or she dies having signed a will
	he or she dies without a spouse
	he or she dies without heirs