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Shashidhar C K

Shashidhar C K

CA Inter

0

30-Aug-20 11:59

22

Bailment & pledge

In video specific purpose for pledge u told is fr security for loan.. But in studymaterial its also mentioned for performance of promise... So which is crct?

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Answers (4)

ruchi lahoti

ruchi lahoti

Moderator

31-Aug-20 09:54

Both are correct. It was just an example given

Shashidhar C K

Shashidhar C K

CA Inter

0

31-Aug-20 09:55

But in video u mentioned oly for loans.. Can u give me an example for promise

CA YOGITA HARJANI

CA YOGITA HARJANI

Faculty

31-Aug-20 20:01

An example of pledge for performance of promise is to give someone your laptop as a guarantee that you'll return their car by a certain time.