Bihar Judicial Services 2018 - Online Mock Test

Alert! This test contains 0.25 negative marking.
Question 1 of 149 (Time Left: )

1 . A takes a loan of Rs. 5,000 from B and mortgages his house as security. In the mortgage deed, it was also mentioned that if he could not pay the amount within 5 years, then B will have right to sell the house and recover his amount. If the money could not be recovered from sale of house, then A will be personally liable. It is

  1. mortgage by conditional sale
  2. English mortgage
  3. usufructuary mortgage
  4. simple mortgage

Warning ! - do not take any responsibility for the correctness of the questions & answers posted on this website or any spelling mistake. Please co-relate the material at your source before relying on any material.