Business Studies, asked by kiratsidhu261, 7 months ago

rights and duties of pledger and pledge

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Answers

Answered by sahubhoomi665
1

Answer:

1) Pledge is a bailment of goods as a security for performance of a promise or for payment of debts. 1) Lien is a right in which a person can possess the goods till the claim relating to them is satisfied. 2) If a pledger fails to pay, the pledgee has a right to sell the goods.

Explanation:

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Answered by khanmohsin81698
0

Explanation:

upper answer is right

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