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Law · Q103

Indian Contract Act

Graduate and Post Graduate · Law · question 103

Q103

Pawnee has the right to retain the goods pledge for the: 1. payment of the debt for which the goods were pledged. 2. payment of subsequent debt. 3. payment of subsequent debt if there is a contract to that effect. 4. interest on the debt and expenses for preservation of pledged goods. Select the correct answer using the given below:

A.
1 and 4 only
B.
1, 3 and 4
Answer
C.
2, 3 and 4
D.
1, 2 and 3

Answer: Option B

Solution

Answer: Option B
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