default (2024)

A default is a failure to fulfill an obligation. Defaulting is most common in regards to debtor-creditor law and contract law. Typically, a default leads to judicial proceedings or triggers the application of a separate contract provision.

  • For example, a homeowner might go into default by failing to make scheduledmortgagepayments.
    • This default allows the creditor to begin foreclosure proceedings and repossess the house subject to the mortgage.

In the field of civil procedure, default can also refer to a default judgment.

[Last updated in September of 2022 by the Wex Definitions Team]

default (2024)

FAQs

Is C the most common answer? ›

Myth 2: C is the best guess letter and is right more often than any other letter. C or H are right (and wrong) as often as any other answer choice. The only guess letter you don't want to use when you are completely guessing is E or K because they only show up on the math test.

What does default mean answers? ›

computers : to make a selection automatically in the absence of a choice made by the user. The program defaults to a standard font. transitive verb. 1. : to fail to perform, pay, or make good.

What is default answers? ›

Providing default answers allows users to execute prompted documents more quickly, because they can simply accept the defaults with a single click and run the document. If default answers are not provided for prompts, users must take the time to answer each prompt question individually, unless answers are not required.

What is the most common answer on a test? ›

I'm sure you've heard this at some point “if you don't know the answer, always guess C. because it's the most common correct option”. That's just a myth, and generally there are no most common answers on multiple choice tests.

Should I guess b or C? ›

The truth is that it doesn't matter which letter you pick, only that you stick to the one you choose. The best strategy, and the one that will maximize your overall point gain, is to pick your favorite letter and fill it in for every blind guess.

Is it better to guess on ACT or leave blank? ›

Because the ACT has no penalty for guessing, you should always guess on the ACT if you don't know the answer. After all, leaving a question blank and guessing are functionally the same.

What is default reply? ›

The DEFAULT REPLY EMAIL is the email address that is used and displayed by default, on the text services where a user can choose to receive replies to their sent messages as emails. The default setting for this field is the entered email address for this user.

How do I avoid default? ›

You may prevent going to default if you are wise in choosing your repayment option. You should choose a repayment plan that is best for your financial situation. You lender will assist you in making a choice. One way to avoid default is to apply for student loan deferment or forbearance.

Is default good or bad? ›

Default isn't only bad news for you — it is for your creditors as well. Your mortgage lender will probably do their best to work with you to prevent foreclosure and your auto lender likely wants to avoid repossession, too.

Why is default used? ›

Defaults can be a convenience for users because they enable programs to perform certain operations without requiring users to specify the desired values. For example, if a user opens a software application, it may default to a particular language or set of preferences until the user changes them.

What is the purpose of default? ›

Defaults are important because they provide a starting point that works for most users. They ensure that systems and software are functional and usable right away without requiring extensive setup. Defaults simplify the user experience and serve as a baseline that can be customized to suit individual preferences.

What is the reason for default? ›

The causes of loan defaults include factors such as late disbursem*nt of funds, inadequate loan sizes, unforeseen contingencies (such as illness and death of a family member), high interest rates, loan delay, loan shortage, loan deviation, improper management, and the business environment [1] [2].

How to always get 100 on tests? ›

Follow these study tips to make your best grade!
  1. Get informed. Don't walk into your test unprepared for what you will face. ...
  2. Think like your teacher. ...
  3. Make your own study aids. ...
  4. Practice for the inevitable. ...
  5. Study every day. ...
  6. Cut out the distractions. ...
  7. Divide big concepts from smaller details. ...
  8. Don't neglect the “easy” stuff.

What is the best answer choice to guess? ›

Most people (and tutors) tell students that, if they have no idea on a question, to just guess answer choice “C” — the middle answer on most multiple choice tests.

How to choose the correct answer? ›

- Read the stem and ​all ​of the choices before selecting your answer. - If you aren't sure of the correct answer: - Eliminate alternatives that are absurd, silly, or obviously incorrect. - Cross off answers that are clearly not correct. - Make sure the stem and the choice you've chosen agree grammatically.

What is the most common answer letter? ›

However, the most general assumption is often that 'C' is the correct answer, due to which it can be called the most popular multiple choice answer.

What percentage of answers are C? ›

What to Guess
Correct AnswerPercent
A22.3
B26.7
C25.3
D25.7

Is C the most used letter? ›

For the curious, the list of the top 10 letters used in the English language typically consists of some arrangement of the following letters: E, T, A, O, I, N, S, R, H, and L.

What is the most common answer on the SAT? ›

Every answer choice on the SAT will have a statistically even distribution of 1 in 4 for each answer choice letter, A, B, C, or D. In other words? There is no most common answer on the SAT. Ultimately, guessing C (or any letter!) will give you the correct answer only a statistical 25% of the time.

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