Economics · Banking Terms
Which of the following assets is typically subject to a 'Mortgage' when securing a bank loan?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Book Debts
- 2Stock of Goods (Movable Property)
- 3Land and Building (Immovable Property)✓
- 4National Savings Certificates
Correct answer
Land and Building (Immovable Property)
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