Financing第 86 / 120 题
A clause that allows a lender to declare the entire loan balance due immediately upon the borrower's default is an:
a.Alienation clause
b.Acceleration clause
c.Subordination clause
d.Escalation clause
解析
An acceleration clause lets the lender demand the full outstanding balance at once when the borrower defaults, for example by missing payments. It is a prerequisite to foreclosure for the whole debt. Without it, the lender could only pursue overdue installments.
法律依据: CA Civil Code免费刷完整 120 道题库 — 无需注册。
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