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    5. The delivery of goods by one person to another as a security for the payment of a debt is called____

    Question

    The delivery of goods by one person to another as a

    security for the payment of a debt is called__________.
    A Mortgage Correct Answer Incorrect Answer
    B Hypothecation Correct Answer Incorrect Answer
    C Bailment Correct Answer Incorrect Answer
    D Pledge Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next
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