New Cracking SEBI General in 60 Days - Possible or Not?
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Question

Which of the following is NOT a mortgage?

A Where right to enjoy an immovable property is transferred for a certain time. Correct Answer Incorrect Answer
B Where an immovable property is delivered to another until payment of some amount of money Correct Answer Incorrect Answer
C When immovable property is absolutely transferred to another until payment of money Correct Answer Incorrect Answer
D All of the above Correct Answer Incorrect Answer

Solution

The above-mentioned transfer in option A is a lease and not mortgage.

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