One state is a lien theory state. a buyer purchases property from a seller and gives him a mortgage as part of the purchase price. therefore, the buyer is the borrower, and the seller is the lender. which of these statements is false?
a. the buyer retains equitable title to the property.
b. if the buyer defaults on the loan, the seller must undergo a formal foreclosure proceeding to recover the security.
c. the buyer has given legal title to the seller.
d. the seller has only a lien interest in the property.

c.

Explanation:

Based on the information provided within the question the only statement that is false is that the buyer has given legal title to the seller. This is not the case since the state is a lien theory state. This means that the buyer becomes a lien on the property while he is making the mortgage payments on the house and holds the deed but the title is held by the property owner. When all the payments are made then the buyer becomes the new owner and is no longer the lien.

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if interdependence implies a two-way dependence, and if each partner is equally dependent on the other for success, then there is an equal commitment to the making the partnership successful. the advantage is sustainability of the relationship, the disadvantage is that decisions are "democratic" and therefore may take longer to reach and more likely to be a compromise (which is not always the best solution). as the interdependence moves away from equality, the decisions become more influenced by the more independent partner. in the extreme the relationship becomes more dictatorial and more like "master-slave". generally the relationship has less commitment in both directions and is more likely to be temporary.

if one generalizes (and one shouldn't), equity partnerships, which is probably what is implied by interdependence, can be slow to progress or change but durable. the extreme alternative, independent-dependent partnerships tend to be efficient but more fragile.

hope this but you will have to site your own evidence. : )

the answer to this question is d