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Test on Laws Relating to Motor Vehicles - Paper II
Choose the correct answer from the following options
1. The Financier of a vehicle can be treated as a defaulter, if :
A the vehicle in arrears is hypothecated to the financier
B the vehicle in arrears is held under hire purchase agreemet with the fianancier
C the vehicle in arrears is under lease agreement with the financier
D the registered owner defaults repayment of cash credit