Question

pledge means bailment of goods as_____​

Answer 1

Explanation:

Introduction. In law, the word bailment is used in its technical sense which means the change in the possession of goods i.e. one person transfers the goods to another person. On the other hand, Pledge is a kind of bailment in which one person bails his goods to another person as security against loans.

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Answer 2

Pledge means bailment of goods as security for payment or performance of duty .

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