Q162
Where immovable property of one person is by the act of parties or operation of law made security for the payment of money to another, and the transaction does not amount to a mortgage, the latter person:
A.
Is not said to have a charge on the property
B.
Is said to have a charge on the property
AnswerC.
Is said to be a security
D.
None of the above
Answer: Option B
Solution
Answer: Option B
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