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Commerce · Q173

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 173

Q173

Where a person pledges goods in which he has only a limited interest, the pledge is:

A.
invalid to the extent of that interest
B.
entire contract is invalid
C.
valid to the extent of that interest
Answer
D.
entire contract is valid

Answer: Option C

Solution

Answer: Option C
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