A contract between the borrower and lender in which the borrower offers security to the lender and the borrower will have to deliver the assets to the lender and the lender will have legal title to the assets is called:
A pledge is a contract between the borrower and lender in which the borrower offers the possession of the security to the lender. The pledger (borrower) will have to deliver the assets to the pledgee (lender) and the lender will have legal title to the assets. In a mortgage, the assets remain the property of the borrower whereas, in a pledge, the assets will be delivered to the lender, who will have legal title to the assets. Hypothecation is on movable properties and property remains with a borrower.
Can a depository delegate its functions as a depository to any other person?
The latin maxim ‘obiter dicta’ means
In a cognizable offence under IPC, the police will have all the powers to
If the donee dies before the acceptance of the gift, the gift is:
Under Section 2(m) of the Limitation Act, how is "tort" defined?
Mortgaged property is leased and the Mortgagor redeems the mortgage:
According to Code 28 of the Occupational Safety, Health and Working Conditions Code, 2020, what is the maximum period within which an investigation or ...
The Maxim “actus non facit reum nisi mens sit rea” means:
Recovery of Debts and Bankruptcy Act provides that a person shall be qualified for appointment as the Chairperson of an Appellate Tribunal if he _______...
When did the Information Technology Act, 2000 came into force___________________
