The buyer is the debtor lacks the right of redemption

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Reference no: EM132164614

1. One advantage of a non-judicial foreclosure to the buyer is the debtor lacks the right of redemption.

True or False

2. In recent years there have been reports of restaurant employees spitting into food they serve to get even with customers they do not like. Such an action would constitute a tort and a crime.

True or False

3. In reaction to the financial meltdown and severe recession, Congress passed the _____ to eliminate the ability of the banks to create the same problem in the future.

Gramm-Leach-Bliley Act

Dodd-Frank Act

Sarbanes-Oxley Act

Glass-Steagall Act

Celler-Kefauver Act

Reference no: EM132164614

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