Question
Where, without delivering possession of the mortgaged
property, the mortgagor binds himself personally to pay the mortgage-money, in the event of his failing to pay, the mortgagee shall have a right to cause the mortgaged property to be sold and the proceeds of sale to be applied, this is a _______.Solution
As per Transfer of property act, 1882 S.58 (b) Simple mortgage.— Where, without delivering possession of the mortgaged property, the mortgagor binds himself personally to pay the mortgage-money, and agrees, expressly or impliedly, that, in the event of his failing to pay according to his contract, the mortgagee shall have a right to cause the mortgaged property to be sold and the proceeds of sale to be applied, so far as may be necessary, in payment of the mortgage-money, the transaction is called a simple mortgage and the mortgagee a simple mortgagee.
Study the following information carefully and answer the given questions.
736 543 349 857 65...
Select the combination of letter that when sequentially placed in the blanks of the given series will complete the series.
L _ T _ H L A _ C _...
What will come in place of question mark (?) in the following series?
DLN CKO BJQ ? ZHX
Select the combination of letter that when sequentially placed in the blanks of the given series will complete the series.
L _ _ R T L O P _ _...
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
R S _ _ T R...
In the following question, select the related number from the given alternatives.
32: 512 :: 24: ?
How many letters as per the English Alphabetical series are there between the first letter of the second word from the left end and third letter of the ...
In the given arrangement, how many such numbers are there which are immediately followed by a symbol and immediately preceded by a letter?
. In the following question, find which one word cannot be made from the letters of the given word “CORRESPONDENCE”
If the consonants of the following words are arranged first, followed by the vowels as per the English alphabetical order and then the consonants are ch...
Relevant for Exams:
