Question: A 'Kustingbrier' is best defined as:A. This can be established only with regard to a particular immovable thing example. land and cannot be established over

A 'Kustingbrier' is best defined as:A. This can be established only with regard to a particular immovable thing example. land and cannot be established over all immovables of the debtors in general.B. a special mortgage over an immovable thing to secure a principal debt incurred in respect of the purchase price of that thing.C. Irvestment companies obtain money from investors and lend this combined amount obtained against security of a mortgage bond over immovable property of the debtor.D. a special mortgage which secures a future debt. In order to secure a future drbt, the maximum amount must be stated and the special mortgage must be declared.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!