This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Joan and Jan Brewer own their home as joint tenants with ROS. Jan borrowed 375,000 from First Thrift ... (Read 34 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Jun 24, 2018
Joan and Jan Brewer own their home as joint tenants with ROS. Jan borrowed 375,000 from First Thrift Trust. First Thrift Trust took a mortgage on the property owned by Jan and Joan. Joan was unaware of the mortgage and did not sign any paperwork for the mortgage. Jan has died without paying off the First Thrift Trust loan. Which of the following statements is correct?
 A) First Thrift Trust can foreclose on the mortgage on the property.
 B) Joan is personally liable for the First Thrift Trust loan.
 C) The property is not subject to the First Thrift Trust mortgage.
 D) Joan and First Thrift Trust own the property as co-tenants.

Question 2

In older cases, the employment relationship was called the______ relationship.
 A)principal-agent.
 B)employer-employee.
 C)boss-worker.
 D)master-servant.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

D


jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 24, 2018
:D TYSM

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Synovial Joint Synovial Joint
Range of Motion of the Knee Joint: Flexion, Extension, and Hyperextension Range of Motion of the Knee Joint: Flexion, Extension, and Hyperextension
Strength of Knee Joint Strength of Knee Joint
Arthroscopic surgery. In this illustration, the knee joint is undergoing surgery with a specialized Arthroscopic surgery. In this illustration, the knee joint is undergoing surgery with a specialized
Suture joint. Suture joint.
This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ... This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ...
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library