WritingLaw (Page 185)

172. “Pledge”, “Pawnor”, and “Pawnee” defined. The bailment of goods as security for payment of a debt or performance of a promise is called “pledge“.Read More →

173. Pawnee’s right of retainer. The pawnee may retain the goods pledged, not only for payment of the debt or the performance of the promise,Read More →

174. Pawnee not to retain for debt or promise other than for which goods pledged – presumption in case of subsequent advances. The pawnee shallRead More →

175. Pawnee’s right as to extraordinary expenses incurred. The pawnee is entitled to receive from the pawnor extraordinary expenses incurred by him for the preservationRead More →

176. Pawnee’s right where pawnor makes default. If the pawnor makes default in payment of the debt, or performance, at the stipulated time, or theRead More →

177. Defaulting pawnor’s right to redeem. If a time is stipulated for the payment of the debt, or performance of the promise, for which theRead More →

178. Pledge by mercantile agent. Where a mercantile agent is, with the consent of the owner, in possession of goods or the documents of titleRead More →

178A. Pledge by person in possession under voidable contract. When the pawnor has obtained possession of the other goods pledged by him under a contractRead More →

179. Pledge where pawnor has only a limited interest. Where person pledges goods in which he has only a limited interest, the pledge is validRead More →

180. Suit by bailor or bailee against wrong-doer. If a third person wrongfully deprives the bailee of the use of possession of goods bailed, orRead More →

181. Appointment of relief or compensation obtained by such suit. Whatever is obtained by way of relief of compensation in any such suit shall, asRead More →

186. Agent’s authority may be expressed or implied. The authority of an agent may be expressed or implied. Read Contract Act in a systematic way.Read More →

187. Definitions of express and implied. An authority is said to be express when it is given by words spoken or written. An authority isRead More →

188. Extent of agent’s authority. An agent, having an authority to do an act, has authority do every lawful thing which is necessary in orderRead More →

190. When agent cannot delegate. An agent cannot lawful employ another to perform acts which he has expressly or impliedly undertaken to perform personally, unless byRead More →

191. “Sub-agent” defined. A “sub-agent” is a person employed by, and acting undue the control of, the original agent in the business of the agency.Read More →