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Q. |
Which of the following is not a form of an equitable mortgage? |
A. | The consideration has been proven to be unusually inadequate |
B. | The supposed vendor has remained in the possession of the property even after the execution of the instrument |
C. | The alleged seller has continued to pay the estate taxes on the property |
D. | The alleged seller has planted crops and other agricultural products on the property under an agricultural leasing contract between them |
Answer» D. The alleged seller has planted crops and other agricultural products on the property under an agricultural leasing contract between them |
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