📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    In a "Pledge," the person who delivers the goods as

    security is called:
    A Bailee. Correct Answer Incorrect Answer
    B Pawnee. Correct Answer Incorrect Answer
    C Pawnor. Correct Answer Incorrect Answer
    D Agent. Correct Answer Incorrect Answer
    E Guarantor. Correct Answer Incorrect Answer

    Solution

    The bailor in a pledge is the Pawnor, and the bailee is the Pawnee.

    Practice Next
    ask-question