Question
[8:54 pm, 13/10/2021] Juweriyo: a. Why do lenders require collateral? List FOUR (4) common collaterals. (6 marks) (CLO1:PLO1:C1) b. Which is the easiest form of
[8:54 pm, 13/10/2021] Juweriyo: a. Why do lenders require collateral? List FOUR (4) common collaterals. (6 marks) (CLO1:PLO1:C1)
b. Which is the easiest form of collateral for the bank to take as security [8:55 pm, 13/10/2021] Juweriyo: c. Illustrate how the bank take properties with title and without title as collaterals. (4 marks) (CLO3:PLO1:C1)
d. Explain the process in releasing land as security upon redemption. (6 marks) (CLO3:PLO1:C1)
e. Does non-stamping of an agreement made it void and explain the reasons why the documents need to be stamped.
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