Question:

Following is true about the rights of a pawnee

Updated On: Aug 5, 2024
  • Pawnee has a right of retainer.
  • Right of retainer is in the nature of a general lien with the pawnee.
  • Pawnee’s right of receiving extraordinary expenditure depends upon the terms of pledge.
  • Pawnee has an absolute right to sell the property pledged with him.
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The Correct Option is A

Solution and Explanation

The correct option is (A): Pawnee has a right of retainer.
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