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Consider the following characteristics of a form of real

security?
 It arises by agreement followed by registration
 It must be registered by the Register of Deeds
 It is a means of creating real security over movable
property
Which one of the following forms of real security has the
above characteristics?
1. Notarial Bond
2. Pledge
3. Mortgage Bond
4, Lien

1 answer

The correct answer is 2. Pledge
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