Select the Correct Preposition in Parentheses for Each of the Following

question 26

Multiple Choice

Select the correct preposition in parentheses for each of the following sentences. Mona studied ( on , in ) the library until it closed.

• A) on
• B) in

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Definitions:

Priority Loan

A type of loan that is given precedence over other debts, often in the context of repayment terms and bankruptcy proceedings.

Collateral

Assets pledged by a borrower to secure a loan or credit, which the lender can seize if the borrower defaults.

Defaults

Situations in which parties fail to fulfill their obligations under a contract or agreement.

Recording Mortgage

The process of registering a mortgage deed with the appropriate government office to make it a part of the public record, ensuring legal protection and establishing priority.