hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Who is the person that delivers goods in a contract of pledge?
    Question

    Who is the person that delivers goods in a contract of pledge?

    A.

    Bailor

    B.

    Pawnor

    C.

    Mortgagor

    D.

    Promisor

    Correct option is B

    In a contract of pledge, the person who delivers goods as security is called the pawnor, and the one who receives them is called the pawnee, as defined under Section 172 of the Indian Contract Act, 1872.
    Information Booster:
    · A bailor delivers goods in a general bailment, but not necessarily as security.
    · Mortgagor is used for immovable property under the Transfer of Property Act.
    · Promisor is a general term in contract law, not specific to pledge.

    Free Tests

    Free
    Must Attempt

    Basics of Education: Pedagogy, Andragogy, and Hutagogy

    languageIcon English
    • pdpQsnIcon10 Questions
    • pdpsheetsIcon20 Marks
    • timerIcon12 Mins
    languageIcon English
    Free
    Must Attempt

    UGC NET Paper 1 Mock Test 1

    languageIcon English
    • pdpQsnIcon50 Questions
    • pdpsheetsIcon100 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt

    Basics of Education: Pedagogy, Andragogy, and Hutagogy

    languageIcon English
    • pdpQsnIcon10 Questions
    • pdpsheetsIcon20 Marks
    • timerIcon12 Mins
    languageIcon English

    Similar Questions

    test-prime-package

    Access ‘UGC NET LAW’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    353k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow