Which of the Following Is Not a Legal Consequence of Registering

question 48

Multiple Choice

Which of the following is not a legal consequence of registering a charge?

• A)The charge is enforceable against a liquidator.
• B)The lender has priority over the holders of unregistered charges.
• C)The lender has priority over all other lenders.
• D)The charge is enforceable against third parties.

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Definitions:

Team Work

A collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Incremental Increases

Gradual enhancements or raises in salary or benefits over time.

Economic Value

The worth of a good or service determined by the market forces of demand and supply, or the utility it provides to individuals or society.

Centralized Selection

A recruitment approach where hiring decisions and processes are managed from a central location or department within an organization to ensure consistency and efficiency.