QUESTION 16 what is a non recourse loan Othere is a personal guarantee Othere is no additional collateral needed Othere is no personal guarantee O all of the above QUESTION 17 what is a recourse loan O one that is not personally guaranteed by the owner O one which cannot be collected if the loan defaults O a loan which is personally guaranteed by the owner o the answer is not one of these QUESTION 18 a lease gives the tennant O the right to possession O temporary ownership the right to encumber O a fee interest QUESTION 13 a lease under which the amount of rent is based upon the tenants's sales volume is known as O a percentage lease O a gratuity lease O an escalation lease O a usury lease QUESTION 14 borrowers which of the following is not considered important when looking at the financial statements of O the age of the borrowers the amount of cash which the borrowers posess the real estate holdings of the borrowers O the total net worth of the borrowers QUESTION 15 What does the secondary market provide in the market place sweat equity liquidity primary market investment