An Unrecorded Mortgage Is Not Valid and Binding Between the Parties

question 19

True/False

An unrecorded mortgage is not valid and binding between the parties.

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Definitions:

Bystander-Calculus Model

In attending to an emergency, the bystander calculates the perceived costs and benefits of providing help compared with those associated with not helping.

Bystander Apathy

A phenomenon where individuals are less likely to offer help to a victim when other people are present.

Personal Costs

The sacrifices or losses endured by an individual as a consequence of making a decision or taking an action.

Prosocial Behaviour

Actions intended to benefit others, including helping, sharing, and caring activities that promote social harmony and well-being.