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Direction: In the following questions, out of the four alternatives, choose the one which can be substituted for the given words/ sentence.

  1. A legal agreement by which a person borrows money from a bank usually to buy a house
    1. document
    2. mortgage
    3. lease
    4. invoice
Correct Option: B

mortgage (N.) : a legal agreement by which a bank lends you money to buy a house
document (N.) : an official paper/book that gives information
lease (N.) : a legal agreement that allows you to use a building, a piece of equipment or some land for a period of time, usually in return for rent
invoice (N.) : a bill



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