The offer and acceptance of an agreement is sometimes referred to as:
a. Mutual assent
b. Consideration
c. A promise for a performance
d. A unilateral contract
Question 2
A method of foreclosure similar to a regular lawsuit, and requires the filing of a complaint, service on the borrower, a formal hearing, and the opportunity to appeal, is:
a. Non-judicial foreclosure
b. Judicial foreclosure
c. Power of sale foreclosure
d. None of the above