Question: What does non-recourse financing mean? Select one: a. The borrower is currently in default b. The lender may look only to the property to satisfy

What does non-recourse financing mean?

Select one:

a.

The borrower is currently in default

b.

The lender may look only to the property to satisfy the loan in the event of default

c.

The investor is personally liable on the note

d.

The borrower is personally liable on the loan

e.

The lender has no security

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