Multiple choice

Which of the following statements is incorrect?

  1. Pawner must disclose any material faults or extraordinary risks in the goods.

  2. If in case pawnor does not disclose the faults, the pawnor is liable for the loss caused to pawnee.

  3. The expenses incurred for the preservation of goods will be born b<font size="2">y</font> the pawnee.

  4. When the goods are pledged, there is implied condition that the pawner has title to the pledged goods.

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

The pawner must reimburse for any expenses incurred to the preservation of the goods. 

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