Question
On January 1, O borrows $20,000 from A and grants A a mortgage against Blackacre for the loan. On February 1, O borrows $25,000 from
On January 1, O borrows $20,000 from A and grants A a mortgage against Blackacre for the loan. On February 1, O borrows $25,000 from B on an unsecured basis. On July 1, O grants B a mortgage against Blackacre for the loan. What does a mortgage against Blackacre represent?
- all of the above
- interest given a creditor in collateral
- a pledge in collateral
- Property interest in the land
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Crypto Asset Investing In The Age Of Autonomy
Authors: Jake Ryan
1st Edition
1119705363, 978-1119705369
