Chapter7: Credit Cards And Consumer Loans
Section7.4: Installment Loans
Problem 4CC
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Question
Describe Caveats?
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Step 1
A notice that is given to the court that it must give caveator a fair hearing before making any decision brought before it in relevant case is known as caveat.
Step 2
In other words, caveat is the notice to the Registrar of titles which is used to breakdown the relationship so that one party may preserve their interest in the asset or property which is legally owned by the third party, but the both parties have contributed to the parties.
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