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Law · Q873

Law Of Torts

Graduate and Post Graduate · Law · question 873

Q873

The term 'pari-passu' means

A.
Equal right of another creditor with that of the secured creditor
Answer
B.
Unequal right of another creditor with that of the secured creditor
C.
Share in the remaining, after due appropriation
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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