Question
Blank, special, restrictive, and qualified are all terms used to specify types of:
Selections
A. Liens
B. Leases
C. Contracts
D. Endorsements
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Question
The phrase in a loan contract that specifies “all due and payable upon the happening of a certain event” would be classified as:
Selections
A. An exculpatory clause
B. An escalator clause
C. A release clause
D. An acceleration clause
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