Which One of the Following Requires Permission from the Security

question 22

Multiple Choice

Which one of the following requires permission from the security holder before the item(s) used as collateral can be sold?

• A) real estate mortgage
• B) floating charges
• C) stock- in- trade
• D) pledge
• E) chattel mortgage

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Definitions:

Distinction

The recognition of a difference or the quality of being excellent and standing out from others.

Anorexia Nervosa

A severe eating disorder characterized by an extreme fear of gaining weight and a distorted body image leading to self-starvation and excessive weight loss.

Maladaptive

Referring to behaviors or thinking patterns that are counterproductive or inhibit one's ability to adjust healthily to particular situations.

Eating Disorder

A range of psychological disorders characterized by abnormal or disturbed eating habits, which can significantly impair health or social functioning.