Q437
The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.
A.
Security
B.
Mortgage
AnswerC.
Usury
D.
Hypothecation
Answer: Option B
Solution
Answer: Option B
Solution:
The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called Mortgage.