Question
Marshalling is
___.Solution
Transfer of Property Act S.56. Marshalling by subsequent purchaser .—If the owner of two or more properties mortgages them to one person and then sells one or more of the properties to another person, the buyer is, in the absence of a contract to the contrary, entitled to have the mortgage-debt satisfied out of the property or properties not sold to him, so far as the same will extend, but not so as to prejudice the rights of the mortgagee or persons claiming under him or any other person who has for consideration acquired an interest in any of the properties. S 81. Marshalling securities .—If the owner of two or more properties mortgages them to one person and then mortgages one or more of the properties to another person, the subsequent mortgagee is, in the absence of a contract to the contrary, entitled to have the prior mortgagedebt satisfied out of the property or properties not mortgaged to him, so far as the same will extend, but not so as to prejudice the rights of the prior mortgagee or of any other person who has for consideration acquired an interest in any of the properties.
In the question below there are four statements followed by three conclusions I, II and III. You have to take the three given statements to be true eve...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements:
No girl is a boy
No boy is men
All men are women
Conclusions:
I. Some women are girls
II. All women are men
Statement:
Some apples are mangoes.
No mango is grape.
Only few mangoes are oranges.
All papayas are oranges.
Conc...
Statement : Only a few White is Blue
Only a few Blue is Red
All Red is black
Conclusion
I. All Blue being black is a poss...
Statements:
Only a few pen is pencil
No pencil is colour
Only a few colour is mobile
Some mobile is laptop
Conclus...
In the question below there are three statements followed by four conclusions I, II, III and IV. You have to take the three given statements to be true...
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if...
Statements:
Only Footballs is Cricket
20% Footballs is Hockey
Only a few Hockey is Rugby.
Conclusion:
I. Some Cricket...