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Which of the following statements about redemption of a mortgage upon the death of a breadwinner is correct? ( Search Chapter 3 ) a .
Which of the following statements about redemption of a mortgage upon the death of a breadwinner is correct?
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a It is never appropriate to pay off a mortgage on a principal residence.
b A mortgage should always be paid off upon the death of a breadwinner.
c A house mortgage is always payable in full upon a breadwinner's death.
d Survivors having the option to pay off an existing home mortgage at a breadwinner's death usually means having sufficient funds to redeem the mortgage.
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