alleryWhen goods are pledged, the pawnee acquires a 'special property' while the pledgor retains the 'general property'. 'General property' means:
AMere possession
BA lien over the goods
CThe right to use only
DOwnership of the goods
Answer & Solution
Correct answer: D. Ownership of the goods
General property is full ownership
a special property (as a pledgee has) is a limited interest, the ownership remaining with the pledgor.
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