{"id":773,"date":"2024-03-05T15:05:16","date_gmt":"2024-03-05T15:05:16","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=773"},"modified":"2024-03-05T15:05:16","modified_gmt":"2024-03-05T15:05:16","slug":"redemption-is-the-heart-of-mortgage-was-observed-by","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/","title":{"rendered":"&#8216;Redemption is the heart of mortgage&#8217; was observed by"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a97629ab68b6\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"true\">\r\n                    Lord Develin                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Lord Davey                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Lord Haisburry                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    None of the above                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is (a) Lord Develin.<\/p>\n<p>Lord Develin was a British judge who served on the Judicial Committee of the Privy Council from 1956 to 1962. He is best known for his decision in the case of United Dominions Trust Ltd v Kirkwood, in which he held that &#8220;redemption is the heart of mortgage&#8221;. This <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> means that the right of the mortgagor (the borrower) to redeem the mortgage (repay the loan) is <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> fundamental to the mortgage contract.<\/p>\n<p>Lord Davey was a British judge who served on the Judicial Committee of the Privy Council from 1887 to 1909. He is best known for his decision in the case of In re Hallett&#8217;s Estate, in which he held that a mortgagee (the lender) is entitled to the proceeds of sale of the mortgaged property if the mortgagor defaults on the loan.<\/p>\n<p>Lord Haisburry was a British judge who served on the Judicial Committee of the Privy Council from 1913 to 1922. He is best known for his decision in the case of Re Ames, in which he held that a mortgagee is not entitled to the proceeds of sale of the mortgaged property if the mortgagor has paid off the loan in full.<\/p>\n<p>In conclusion, the correct answer is (a) Lord Develin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&#039;Redemption is the heart of mortgage&#039; was observed by<\/title>\n<meta name=\"description\" content=\"Lord Develin was a British judge who served on the Judicial Committee of the Privy Council from 1956 to 1962. He is best known for his decision in the case of United Dominions Trust Ltd v Kirkwood, in which he held that &quot;redemption is the heart of mortgage&quot;. This means that the right of the mortgagor (the borrower) to redeem the mortgage (repay the loan) is fundamental to the mortgage contract.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;Redemption is the heart of mortgage&#039; was observed by\" \/>\n<meta property=\"og:description\" content=\"Lord Develin was a British judge who served on the Judicial Committee of the Privy Council from 1956 to 1962. He is best known for his decision in the case of United Dominions Trust Ltd v Kirkwood, in which he held that &quot;redemption is the heart of mortgage&quot;. 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He is best known for his decision in the case of United Dominions Trust Ltd v Kirkwood, in which he held that \"redemption is the heart of mortgage\". This means that the right of the mortgagor (the borrower) to redeem the mortgage (repay the loan) is fundamental to the mortgage contract.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/","og_locale":"en_US","og_type":"article","og_title":"'Redemption is the heart of mortgage' was observed by","og_description":"Lord Develin was a British judge who served on the Judicial Committee of the Privy Council from 1956 to 1962. He is best known for his decision in the case of United Dominions Trust Ltd v Kirkwood, in which he held that \"redemption is the heart of mortgage\". This means that the right of the mortgagor (the borrower) to redeem the mortgage (repay the loan) is fundamental to the mortgage contract.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-03-05T15:05:16+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/","url":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/","name":"'Redemption is the heart of mortgage' was observed by","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-03-05T15:05:16+00:00","dateModified":"2024-03-05T15:05:16+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Lord Develin was a British judge who served on the Judicial Committee of the Privy Council from 1956 to 1962. He is best known for his decision in the case of United Dominions Trust Ltd v Kirkwood, in which he held that \"redemption is the heart of mortgage\". This means that the right of the mortgagor (the borrower) to redeem the mortgage (repay the loan) is fundamental to the mortgage contract.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/redemption-is-the-heart-of-mortgage-was-observed-by\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"law","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/law\/"},{"@type":"ListItem","position":4,"name":"&#8216;Redemption is the heart of mortgage&#8217; was observed by"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/773"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=773"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/773\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}