pledgee वाक्य
उदाहरण वाक्य
मोबाइल
- Control that vests in the pledgee is known as quasi-control.
- The pledgee is entitled to protect his possession by means of an interdict.
- If the pledgee fell short of the expected standard, the contract was terminated immediately.
- The pledgee had to set any profits derived from the thing against the outstanding debt.
- Delivery can be actual or constructive, but the pledgee must retain possession of the pledged object.
- The pledgee could claim for expenses incurred in maintaining the thing ( such as an animal or slave ).
- The pledgee has the right of selling the pledge if the pledgor fails to make payment at the stipulated time.
- The pledgee did not have ownership, and therefore could not sell or destroy the thing, which was restrictive.
- It differs from hypothecation and from the more usual mortgage in that the pledge is in the possession of the pledgee.
- As the pledge is for the benefit of both parties, the pledgee is bound to exercise only ordinary care over the pledge.
- The major flaw with the pledge is that it requires physical possession by the pledgee, which traps a business pledgor in a paradox.
- The pledgee, if he was in physical control of the object ( as was usually the case ) was required to safeguard the thing.
- In the case of a wrongful sale by a pledgee, the pledgor cannot recover the value of the pledge without a tender of the amount due.
- The transfer serves to protect the pledgee's real security right by preventing the pledgor from alienating the pledged object or pledging it to some other person.
- If one person had a positive right in a thing, such as a pledgee, usufructory, or good faith possessor, both he and the owner could sue.
- Unless the pledgee literally occupies the same premises as the pledger, the collateral once transferred is unavailable for the pledgor to operate its business and generate income to repay the pledgee.
- Unless the pledgee literally occupies the same premises as the pledger, the collateral once transferred is unavailable for the pledgor to operate its business and generate income to repay the pledgee.
- Like the borrower, a pledgee was held to the " culpa levis in abstracto " standard; again, this may have developed from " custodia ".
- Under Justinian, but probably not before, a pledgee had it if the debtor was insolvent, or if he had from any cause lost his personal claim against the debtor.
- In a pledge of a personal right, the ownership of the personal right is retained by the cedent, while only quasi-possession is transferred to the cessionary ( pledgee ).
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