If the pawner makes a default in payment of debt, at the stipulated time
A. The pawnee has a right to sell the goods pledged without notice to the pawner
B. The pawnee has a right to sell the goods pledged after giving a reasonable notice of sale to the pawner
C. Has no right to sell the goods pledged but has a right to retain the goods as collateral security for the debt
D. Neither has a right to sell the goods nor retain the goods as collateral security but has a right to sue for pawner upon the debt
Answer: Option B

Join The Discussion