Question
Write a note on pledge by mercantile agent.
Answer :
Word Count : 273
_______ _______ ____ ___ _________ ______ ____ _____ _____ ________ ______ ____.
___ ____ ____ ____ ___ _____ _______ _____ _________ ____ ____.
_____ ________ __________ ___ _________ ___ ___ __________ ___ ________ __________ ___.
________ _________ ____ ___ ______ _______ __________ _____ ___ ___ __________ ______.
________ ________ ____ ________ _____ __________ _______ __________ _______ _____ ___ _____.
_______ _____ __________ ____ ______ ________ ______ __________ _________ ________ __________.
_______ ______ ______ _________ ____ ____.
_______ ______ ______ ______ ______ ____.
_____ ___ ______ _____ ____ _______.
____ _____ ____ ______ ___ ________ __________ ________.
__________ ______ _______ ________ ______ ______ ______ ___ ______ ___ __________ __________.
________ __________ _______ _________ _____ _______ _____ ________ __________ ________ _______.
____ _____ _______ _________ ____ __________ ____ __________ ___ ______ _______ _________.
_______ ______ ________ ___ ________ ____ ___ _________ ____ _____ ___ _______.
______ _________ ______ ______ ______ ____ ____ ________ __________.
_________ _____ __________ ___ ____ ________ _________ _______ ____.
______ ___ ____ ________ _______ ___ ____.
____ ______ ______ ____ _____ ______ ____ ____ ______ ____.
Skip in 10
A pledge by a mercantile agent is a special type of pledge recognized under the Indian Contract Act and the Sale of Goods Act. A mercantile agent is a person who, in the ordinary course of business, is authorized to buy, sell, or raise money on goods owned by another person. When a mercantile agent has possession of goods with the consent of the owner, he may pledge those goods as security for a debt or advance received in the normal course of business. The essential features
___ ______ ____ ______ _________ ________ __________ __________._______ _______ ____ ___ _________ ______ ____ _____ _____ ________ ______ ____.
___ ____ ____ ____ ___ _____ _______ _____ _________ ____ ____.
_____ ________ __________ ___ _________ ___ ___ __________ ___ ________ __________ ___.
________ _________ ____ ___ ______ _______ __________ _____ ___ ___ __________ ______.
________ ________ ____ ________ _____ __________ _______ __________ _______ _____ ___ _____.
_______ _____ __________ ____ ______ ________ ______ __________ _________ ________ __________.
_______ ______ ______ _________ ____ ____.
_______ ______ ______ ______ ______ ____.
_____ ___ ______ _____ ____ _______.
____ _____ ____ ______ ___ ________ __________ ________.
__________ ______ _______ ________ ______ ______ ______ ___ ______ ___ __________ __________.
________ __________ _______ _________ _____ _______ _____ ________ __________ ________ _______.
____ _____ _______ _________ ____ __________ ____ __________ ___ ______ _______ _________.
_______ ______ ________ ___ ________ ____ ___ _________ ____ _____ ___ _______.
______ _________ ______ ______ ______ ____ ____ ________ __________.
_________ _____ __________ ___ ____ ________ _________ _______ ____.
______ ___ ____ ________ _______ ___ ____.
____ ______ ______ ____ _____ ______ ____ ____ ______ ____.
IGNOU ACADEMY
Your IGNOU journey, made easier.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
Continue Reading — It's Free
Sign in with Google to unlock more of this answer.
✓ Free access
✓ Unlock up to 60% of the answer
✓ No payment required
✓ Unlock up to 60% of the answer
✓ No payment required
Quick Google sign-in. No separate registration form.