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

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

Shruthi V

CA Inter

★ 0

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

CA YOGITA HARJANI Faculty

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.

Thank you mam

Shruthi V

CA Inter

★ 0

31-Aug-20 20:22

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