The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.
A. Security
B. Mortgage
C. Usury
D. Hypothecation
Answer: Option B
Solution(By Examveda Team)
The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called Mortgage.Related Questions on Insurance
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