1.

__What do you understand by the term ‘Mortgage’?__

A. Registration of charge with the Registrar of Companies
B. Making the security of immovable property available as a cover for a home loan by the borrower.
C. Sale of moveable security in the event of default by the borrower
D. Registration of charge with the Regional Transport Authority
Answer» C. Sale of moveable security in the event of default by the borrower


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