If mortgaged goods are sold by a credit provider under the National Credit Code the borrower is fully discharged from any amount outstanding.
Correct Answer:
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Q5: A linked credit provider may be liable
Q6: The National Credit Code applies to all
Q7: Which of the following is the best
Q8: Which of the following is NOT a
Q9: A credit card is an example of
Q11: Which of the following security can NOT
Q12: To be valid, a mortgage must be
Q13: Which of the following transactions will be
Q14: A borrower can terminate a credit contract
Q15: In relation to consumer credit contracts, the
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