In a pledge agreement, what term is used to refer to the bailee?

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Explanation

In the context of a pledge contract, the bailee is known as the pawnee. The pawnee holds the goods as security for the debt or obligation. The pawner or pledgor is the party who delivers the goods to the pawnee.

In a pledge agreement, what term is used to refer to… — Accounting Mcqs | PakQuizHub