BUY COURSES
APP 1FIN
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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Shruthi V
CA Inter
★ 0
30-Aug-20 11:59
22
Answers (4)
Both are correct. It was just an example given
ruchi lahoti
Moderator
31-Aug-20 09:54
But in video u mentioned oly for loans.. Can u give me an example for promise
31-Aug-20 09:55
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.
CA YOGITA HARJANI
Faculty
31-Aug-20 20:01
Thank you mam
31-Aug-20 20:22
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