Question: What does non-recourse financing mean? Select one: a. The lender has no security b. The investor is personally liable on the note c. The lender

What does non-recourse financing mean?

Select one:

a.

The lender has no security

b.

The investor is personally liable on the note

c.

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

d.

The borrower is currently in default

e.

The borrower is personally liable on the loan

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