Start learning →

A defaulting pawnor who redeems after default must also pay:

AExpenses arising from his default
BA fixed fine set by statute
CTwice the amount of the debt
DNothing more than the debt
Answer & Solution
Correct answer: A. Expenses arising from his default
Section 177 requires the redeeming pawnor to pay, in addition, any expenses that arose from his default.
Practise this question with Quill — CA Foundation →

Keep practising Bailment and Pledge

Browse all Bailment and Pledge questions for CA Foundation, or explore more Businesslaw topics.

Start a Bailment and Pledge lesson →
Related questions