Question
Legal Studies Question on Property Law
Following is true about the rights of a pawnee
A
Pawnee has a right of retainer.
B
Right of retainer is in the nature of a general lien with the pawnee.
C
Pawnee’s right of receiving extraordinary expenditure depends upon the terms of pledge.
D
Pawnee has an absolute right to sell the property pledged with him.
Answer
Pawnee has a right of retainer.
Explanation
Solution
The correct option is (A): Pawnee has a right of retainer.