What are the differences among Mortgage, Pledge and
Hypothecation ? please any body reply me in simple language
as I have read many articals on it still I find my self
anble to explain it, I always get confused.
If want to tell personally please send me email or add me
on Gtalk
My ID is rohitash.shrm@gmail.com
Thanks
Answer Posted / mohan
Mortgage is made as a security for the repayment of a debt-
present or past, an interest of the owner in the property
mortgaged is to some extent parted or transfer.The physical
possession of the property may or may not be parted.
in case of pledge the physical possession of the property
is parted and the pledgee has a right to sell the pledged
item if the conditions of the pledge is violated.
in case of Hypothecation whcih is alwasys for moveable
property the owner of the Goods will continue to enjoy the
possession of the same untill and unless the other person
takes action to seize the goods Hypothecated.
Is This Answer Correct ? | 77 Yes | 7 No |
Post New Answer View All Answers
What is accounts payable?
what is non stock?
how history is helpful for banking?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
What is the difference between Risk, Threat & Hazard?
you went outside to purchase vegetagles, suddently big rain came then what you will do
Define `Realisation` Account? Explain the salient features?
EXPAND___________NAA
i need sbi bank clerk exam model question papers
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
fridge was capital or revenue?
How can a shopkeeper maintain the daily data in tally
What is DECR And for wt it is used?
what are the payroll procedures?