Q382
If the pawner makes a default in payment of debt, at the stipulated time
A.
The pawnee has a right to sell the goods pledged without notice to the pawner
B.
The pawnee has a right to sell the goods pledged after giving a reasonable notice of sale to the pawner
AnswerC.
Has no right to sell the goods pledged but has a right to retain the goods as collateral security for the debt
D.
Neither has a right to sell the goods nor retain the goods as collateral security but has a right to sue for pawner upon the debt
Answer: Option B
Solution
Answer: Option B
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