1.

What do you understand by the term ‘Mortgage’?

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


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