If a document of title is pledged in good faith for value, the seller's right:
Ais lost for good and all
Bis doubled in its effect
Csurvives, subject to pledgee
Dpasses to the pledgee
Answer & Solution
Correct answer: C. survives, subject to pledgee
A pledge in good faith only burdens the seller's right, which is exercisable subject to the transferee's rights.
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