If a bank assumes ownership of a piece of contaminated land, the bank becomes a responsible party
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Option c
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Explanation:
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According to the banking norms for getting loan a property has to be attached as a collateral security and agreement of repaying entered between the bank and loanee.
In case of defaulting of loan it is the prerogative of the bank to sell or withheld the property.
So, to recover the loan, bank has the right to sell the attached property which is attached as collateral security even if it is contaminated land. The sole aim of the bank is to recover the loan in case of repayment in which loanee is referred as defaulter.
Answer: Ask the Staff
Explanation: You see the moderators on this site will probably give you a far more in depth look at refund policy.
Answer:
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Explanation:
Answer:
Concurrent power
Explanation:
Concurrent power is a political power exercised by both Federal and State government at the same time within the same jurisdiction as it relates to their citizens on a subject matter. Examples of Concurrent power enjoyed by both levels of government are in the area of taxation, environmental protection, election regulation, etc.
