Business Studies, asked by satyam77771111gupta, 1 month ago

the delivery of goods by one person to as security for the payment of a debt is called​

Answers

Answered by deotalekhushi
1

Answer:

pledge

Explanation:

Transfer of goods from one person to another as security for repayment of debt is known as pledge.

Answered by aishynbkp
0
Transfer of goods from one person to another as security for repayment of debt is known as the pledge. It is defined under section 148 of the Indian Contract Act, 1872.
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