A mortgage over land protects the interests of the mortgagee (lender) because:
A) the mortgagee has the right to sell any property of the borrower if the borrower does not repay the loan.
B) the mortgagee is entitled to charge a higher interest rate.
C) the borrower could be made bankrupt if they do not repay the loan.
D) the mortgagee has the right to sell the land if the borrower does not repay the loan.
Correct Answer:
Verified
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