Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 40 of 50 In the management and/or conversion of the assets of the closed bank, the receiver shall have the authority to Select the

image text in transcribed

image text in transcribedimage text in transcribedimage text in transcribed
Question 40 of 50 In the management and/or conversion of the assets of the closed bank, the receiver shall have the authority to Select the correct response: All of the above. O Securing certified true copies of documents held by the foregoing agencies/entities in relation to an asset of the closed bank; O Conduct a physical or ocular inspection of the properties owned by, or mortgaged to, the closed bank, to determine their existence and present condition; O Consolidating ownership over an asset of the closed bank connsolidating ownership over an asset of the closed bankQuestion 41 of 50 Which Statement is True about Commodatum Select the correct response: O b. The Bailor need not be the owner of the thing loaned. O c. The death of either the bailor or the bailee does not extinguishes the contract. O a. Only movable Property maybe the object of commodatum. O d. The bailee acquires the use of the thing loaned and its fruits.Question 43 of 50 Chattel Mortgage is different in Real Mortgage because in chattel mortgage: Select the correct response: O b. Guaranty cannot be made for Past obligations. O a. The security is constituted on immovables. O c. Guaranty can be made for future obligations. O b. Guaranty cannot be made for future obligations

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Criminal Law

Authors: Emily Finch, Stefan Fafinski

8th Edition

1292295414, 978-1292295411

More Books

Students also viewed these Law questions