Finance
A Wisconsin 'recourse loan' means that if the borrower defaults:
AThe lender can only take the property
BThe lender can pursue the borrower personally for any deficiency beyond the property value✓ Correct
CThe borrower has recourse to sue the lender
DThe lender must renegotiate the terms
Explanation
A recourse loan allows the lender to pursue the borrower personally for any deficiency between the outstanding debt and the property's sale price in foreclosure.
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