The mortgager transfers the mortgaged property to the mortgagee on the – McqOptions

MCQOPTIONS

1.	The mortgager transfers the mortgaged property to the mortgagee on the condition that it will beretransferred upon payment of mortgaged money. This is
A.	Simple mortgage
B.	English mortgage
C.	Equitable mortgage
D.	mortgage by conditional sale
Answer» C. Equitable mortgage

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