Question
June 2021 He decides to lease a third paddock which has become available; he borrows another $65,000 from CBA to enter into a two year
| June 2021 | He decides to lease a third paddock which has become available; he borrows another $65,000 from CBA to enter into a two year lease and signs another mortgage over his own paddocks. CBA just holds this mortgage in a safe. To improve its recovery prospect for the June 2021 loan CBA should have [1 mark]
a.perfected the security b.lodged a caveat c.registered the security d.B and C |
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The Speed Of Risk Lessons Learned On The Audit Trail
Authors: Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA
2nd Edition
