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:

Production Possibilities Curve

A graph that shows the various combinations of goods and services that an economy can produce given its resources and technology.

Capacity Utilization

The percentage of a firm's or nation's total production capacity that is actually being used over a specific time period.

Passive Resource

A passive resource refers to an economic asset that requires no active management or labor input to generate income or value.

Capital

Assets or resources that are used to generate income or make an investment, including buildings, machinery, and equipment.