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Sagot :
The promise to pay $30,000 is a promise to give a gift and is therefore not enforceable is the case of Barbara. Hence, option B is correct.
What is mortgage?
A mortgage between a person and a lender gives the lender the right to take possession of their home if the person are unable to repay the loan amount plus interest. A person can utilize a mortgage loan to finance the acquisition of real estate or to borrow money against the value of your current house. Seven things to look for in a mortgage.
A mortgage would be something a person would borrow money against at the bank. Mortgages are loans obtained to buy property that are backed by the same asset. The loan a person obtained to purchase their home is an example of a mortgage. to impose a responsibility or advance claim.
Thus, option B is correct.
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