In the context of a pledge, what term is used for the bailor?

Choose the correct answer

Explanation

In a pledge agreement, the bailor who delivers the goods as security is known as the 'Pawner'. The pledgee, who receives the goods, is called the 'Pawnee'. Therefore, the correct term for the bailor is 'Pawner'.

In the context of a pledge, what term is used for th… — Accounting Mcqs | PakQuizHub