Business

University -

Professional Development

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Special Contracts

125

20 questions

  • 1. Multiple Choice
    30 seconds
    1 pt

    ______ is the bailment of goods as security for payment of a debt or performance of a promise

    Equitable Mortgage

    Pledge

    Gratuitous Bailment

    Mortgage

  • 2. Multiple Choice
    30 seconds
    1 pt

    The delivery of goods by one person to another for some specific purpose and time is known as:

    Equitable Mortgage

    Pledge

    Bailment

    Hypothecation

  • 3. Multiple Choice
    30 seconds
    1 pt

    When a customer gives his/her valuables, Securities to the bank for safe keeping then the customer became the _______

    Bailor

    Creditor

    Debtor

    Bailee

  • Answer choices
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    Answer choices
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