Zack buys a house from Steven,agreeing to assume the outstanding mortgage on the property held by Big Bank.Zack fails to make the mortgage payment.Which of the following statements is true?
A) Zack can sue Steven for the mortgage payments.
B) Steven is primarily liable for the mortgage.
C) Big Bank has a cause of action against Steven only.
D) If Big Bank sues Steven,Steven has an action against Zack for breach of contract.
Correct Answer:
Verified
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