Ask Question
2 February, 02:36

The right to encumber goods as collateral for a debt is dependent on who is holding title.

+2
Answers (1)
  1. 2 February, 05:59
    0
    This is an encumbrance. This is a claim against a person or entity's property by someone other than the owner. These are usually in the form of liens or mortgages, and can make it difficult (or illegal) to transfer the property to another person.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The right to encumber goods as collateral for a debt is dependent on who is holding title. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers