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Question

Remedy of foreclosure is available in which of the following mortgages?

Remedy of foreclosure is available in which of the following mortgages?

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Option A: Usufructuary mortgage

Option B: Simple mortgage

Option C: Mortgage by conditional sale

Option D: English mortgage

Correct Answer

Option: c

Explanation

The right of foreclosure is only available in the mortgage by conditional sale and sometimes according to the terms of the anomalous mortgage.

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