When a Mortgage Is Taken on Personal Property in a PPSA

question 109

True/False

When a mortgage is taken on personal property in a PPSA jurisdiction,the borrower temporarily transfers title to the lender.

---

Definitions:

Signalling Hypothesis

The idea that actions by companies, such as dividend announcements or stock splits, send signals to investors about the firm's future prospects.

Dividend Policy

Dividend policy is a company's strategy or guidelines designed to decide the amount to be paid out to shareholders in the form of dividends.

Dividend Payment

The distribution of a portion of a company's earnings to its shareholders, usually in the form of cash or additional stock.

Declaration Date

The date on which a firm’s directors issue a statement declaring a dividend.