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[Weekly Topic] [Civil Engineering Edition 20170623]

2017-06-24View Original

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Participation reward: 2 Wealth. Correct reward: 6 Wealth. Someone uses the villa where they live as collateral; this type of collateral falls under ( ).   A. Guarantee B. Pledge C. Lien D. Mortgage Reference answer: D. A guarantee is typically established through the guarantor’s commitment; a pledge involves the pledgor handing over the pledged item to the pledgee; whereas a lien uses the debtor’s movable property as collateral. None of the above three options meets the requirements; therefore, the correct answer is D.
Reply #22017-06-24
Someone uses the villa where they reside as collateral; this type of collateral is classified as ( D ).   A. Guarantee B. Pledge C. Lien D. Mortgage
Reply #32017-06-24
Someone uses the villa where they reside as collateral; this type of collateral is classified as (D).   A. Guarantee B. Pledge C. Lien D. Mortgage

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