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BNK601 - Banking Laws & Practices

Question(s) similar to the following:

Which of the following is NOT the primary purpose of Mortgage?

Question 1: Which of the following is NOT the primary purpose of Mortgage?

Securing the payment of money advanced or to be advanced by way of loan
Securing the payment for future lending
Securing the payment for an existing debt or future debt
Securing the payment for performance of an engagement which may give rise to pecuniary liability

Similar Questions:

Question 2: Which of the following is NOT the primary purpose of Mortgage?

Securing the payment of money advanced or to be advanced by way of loan
Securing the payment for future lending
Securing the payment for an existing debt or future debt
Securing the payment for performance of an engagement which may give rise to pecuniary liability
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