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

Related MCQs

• Which of the following are covered under pledge?
• Pledge of advance is made against ______?
• A pledge can be made in respect of....
• What is pledge:
• Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note is … A) Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act B) Containing an unconditional undertaking C) To pay a certain sum of money only to a specific person or the bearer D) The seller is bound to accept the promissory note E) A document was written and signed by the payer/maker
• ---------- is the right of a person to retain the property of another person in his possession untill the debt from that owner of that property is repaid.
• A -------------- is a person who is entrusted with some property by the settler or the author of the trust for the benefit of another person called beneficiary.
• In case a collecting banker has realized the cheque, he should pay the interest to the customer as per his (customer’s) direction.
• Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act popularly known as SARFAESI Act was enacted in which of the following year:
• Before which for a can an asset reconstruction company file an application for enforcement of its security interest: