'A' transfers his property to 'B' by mortgagor with the condition that – McqOptions

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1.	'A' transfers his property to 'B' by mortgagor with the condition that for 10 years 'B' shall receive the mortgaged money from the proceeds of the property and thereafter 'A' shall get the property redemption by paying the balance amount. This is a mortgage:
A.	Mortgage by conditional sale
B.	Fantastic hostage
C.	Simple mortgage
D.	English mortgage
Answer» C. Simple mortgage

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