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If the property is lent for a fixed time or delivered as security for the repayment of a debt-

If the property is lent for a fixed time or delivered as security for the repayment of a debt- Correct Answer The person who lends the property or delivered as security is in immediate possession of it

Related Questions

The cash flow approach to assessing debt capacity involves the following steps; arrange these steps in a correct sequence: (A) Specify the tolerance limit on the probability of default. (B) Estimate the probability distribution of cash flows, taking into account the projected performance of the firm. (C) Calculate the fixed charges by way of interest payment and principal repayment associated with various levels of debt. (D) Estimate the debt capacity of the firm as the highest level of debt which is acceptable. Choose the correct answer from the options given below:
Raj lent a total of 50,000 rupees to two people He lent a certain amount to A at 10% per annum simple interest and lent the remaining amount to B at 5% per annum simple interest. He lent each amount for two years and received 8200 as the total interest. What is the sum he lent to the A?
Calculate the total repayment and annual installment which will discharge a debt of Rs. 12040 due in 4 years at 5% per annum simple interest? Also calculate the total repayment.
Where two properties belong to same owner, one property is mortgaged to secure one debt and both properties are mortgaged to secure another debt and the former debt is paid out of the former property, each property is:
Within the meaning of section 58 of the Transfer of Property Act, 1882 a mortgage is a transfer of an interest in specific immovable property as security for the repayment of a debt.
A' in lieu of debt from 'B' handovers the possession of his house to 'B' with a covenant to transfer of property in favour of 'B', but with provision for retransfer in case of repayment of debt. This type of mortgage is known as:
কোনো প্রকার কুঋণ সমন্বয় করার পূর্বে দেনাদারের পরিমাণ হচ্ছে ২০,৫০০ টাকা। কুঋণ ৫০০ টাকা, কুঋণ সঞ্চিতি ৫৫০ টাকা। দেনাদারের উপর ১০% কুঋণ সঞ্চিতি এবং ৫% বাট্টা সঞ্চিতি ধার্য করা হয়। বাট্টা সঞ্চিতির পরিমাণ কত? (The debtors balance appears at Tk. 20,500 prior to bad debt adjustment. Bad debt expense in Tk.500 and bad debt reserve is Tk. 550. A provision is created for bad debt is 10% and is made for a discount of 5%. What will be reserve for discount in taka?)
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: Malaysia has set up a trust fund for the public to donate money in order to help the government repay the country's debt. Malaysia's Finance Ministry said the fund would be called Malaysia Hope Fund and the contributions must be made in cash. Will this help to gain financial stability? Arguments: I. Yes, Malaysia's national debt amounts to $250.8 billion which is 80% of its GDP. II. No, Malaysia's debt amounts to $250.8 billion which is 8% of its national GDP. III. Yes, 80% of Malaysia's GDP amounts to a debt amount of about $250.8 billion.
Pawnee has the right to retain the goods pledge for the:
1. payment of the debt for which the goods were pledged.
2. payment of subsequent debt.
3. payment of subsequent debt if there is a contract to that effect.
4. interest on the debt and expenses for preservation of pledged goods.
Select the correct answer using the given below:
An art gallery engages a security guard to ensure that the items displayed are protected. The diagram below represents the plan of the gallery where the boundary walls are opaque. The location the security guard posted is identified such that all the inner space (shaded region in the plan) of the gallery is within the line of sight of the security guard. If the security guard does not move around the posted location and has a 360° view, which one of the following correctly represents the set of ALL possible locations among the locations P, Q, R and S, where the security guard can be posted to watch over the entire inner space of the gallery.