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      Question

      A general lien as per section 171 of the Contract Act

      can be exercised by whom?
      A Bankers Correct Answer Incorrect Answer
      B Factors Correct Answer Incorrect Answer
      C Policy-brokers Correct Answer Incorrect Answer
      D All a, b & c Correct Answer Incorrect Answer
      E Either a or b Correct Answer Incorrect Answer

      Solution

      Section 171.   General lien of bankers, factors, wharfingers, attorneys and policy-brokers: Bankers, factors, wharfingers, attorneys of a High Court and policy-brokers may, in the absence of a contract to the contrary, retain as a security for a general balance of account, any goods bailed to them; but no other persons have a right to retain, as a security for such balance, goods bailed to them, unless there is an express contract to that effect.

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