

McqMate
Q. |
May a mortgagor’s liability on labor claims be transferred to the mortgagee-creditor? |
A. | Yes, after the mortgagee-creditor had foreclosed the assets of the mortgagor-debtor, the labor liability claims are deemed transferred to the latter. |
B. | No, the responsibility for the liabilities by the mortgagor towards his employees cannot be transferred via an auction sale to a purchaser who is also the mortgagee-creditor of the foreclosed assets. |
C. | No, the mortgage constitutes a lien on the determinative properties of the employer-debtor, because it is specially preferred credit to which worker’s monetary claims is deemed subordinate |
D. | “B’ and “C” only |
Answer» D. “B’ and “C” only |
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