

MCQOPTIONS
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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 | |