Q228
Where two properties belong to same owner, one property is mortgaged to secure one debt and both properties are mortgaged to secure another debt and the former debt is paid out of the former property, each property is:
A.
Liable to contribute retably to the latter after deducting the amount of former debt from the value of property out of which it has been paid
AnswerB.
Not liable to contribute retably to the latter after deducting amount of former debt
C.
Debt liable to be deducted amount only
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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