Q121
The mortgage, "where the mortgagor binds himself to repay the mortgagemoney on a certain date, and transfers the mortgaged property absolutely to the mortgagee, but subject to a proviso that he will re-transfer it to the mortgagor upon payment of the mortgage-money as agreed", is called:
A.
Anomalous mortgage
B.
Mortgage by conditional sale
AnswerC.
English mortgage
D.
Usufructuary mortgage
Answer: Option B
Solution
Answer: Option B
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