Multiple choice

U/s 171 of Indian Contract Act, the general lien is available to which of the following?

(a) Banker (b) Wharfingers (c) Factors (d) Attorneys of High Court provided there is no agreement to the contrary

  1. Only (a), (b) and (d)

  2. Only (b), (c) and (d)

  3. Only (a), (b) and (c)

  4. All of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Section 171 in the Indian Contract Act, 1872, bankers, factors, wharfingers, attorneys of a High Court and policy-brokers may, in the absence of a contract to the contrary, retain as a security for a general balance of account, any goods bailed to them. But, no other person has a right to retain, as a security for such balance, goods bailed to them, unless there is an express contract to that effect.