Q488
Where the mortgagor binds himself to repay the mortgage-money on a certain date and transfers the mortgaged property absolutely to the mortgagee subject to condition that the mortgagee will re-transfer it to the mortgagor upon payment of the mortgage-money, the transaction is called-
A.
Simple mortgage
B.
Usufructuary mortgage
C.
English mortgage
AnswerD.
Anomalous mortgage
Answer: Option C
Solution
Answer: Option C
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