Question
What is the Bailment of goods as security for payment of
a debt or performance of a promise called?ÂSolution
Contract Act Section 172 - The bailment of goods as security for payment of a debt or performance of a promise is called "pledge". The bailor is in this case called the "pawnor". The bailee is called "pawnee".
Which of the following pairs is NOT correctly matched?
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Which of the following pairs is incorrectly matched?
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