In the context of a pledge, what term is used to refer to the bailor?
Explanation
The bailor in a pledge is known as the 'pledgor,' who delivers the goods as security for a debt. The pledgee is the party receiving the goods as security.
The bailor in a pledge is known as the 'pledgor,' who delivers the goods as security for a debt. The pledgee is the party receiving the goods as security.