FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Obligation of pledgee to advise pledgor or owner of result of sale Art. 2116. After the public auction, the pledgee shall promptly advise the pledgor

image text in transcribed
image text in transcribed
Obligation of pledgee to advise pledgor or owner of result of sale Art. 2116. After the public auction, the pledgee shall promptly advise the pledgor or owner of the result thereof. > Purpose - to enable pledgor or owner to take steps for the protection of his rights where he has reasonable grounds to believe that the sale was not an honest one

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Of Contract

Law Of Contract

Authors: Paul Richards

14th Edition

1292251484, 978-1292251486

More Books

Students also viewed these Law questions

Question

★★★★★
Madigan produces a single high- speed modem. The following table summarizes the current months budget for Madigans modem production: Projected production and sales....... 4,000 units Variable...

Answered: 1 week ago

Question

★★★★★
The trial balance of Baker Specialties, Inc., follows: Veronica Gomez, your best friend, is considering investing in Baker Specialties, Inc. Veronica seeks your advice in interpreting the companys...

Answered: 1 week ago

Question

★★★★★
2. If Michael does not choose the appropriate behavior, deliver the negative consequences. (You are choosing to have me call the principal.) Follow through with the consequence.

Answered: 1 week ago

Question

★★★★★
For each of the following transactions of Dennen, Inc., for the month of January 2015, indicate the accounts, amounts, and direction of the effects on the accounting equation. A sample is provided....

Answered: 1 week ago

Question

★★★★★
Which of the following is correct with respect to the civil law system? Quebec and New Brunswick use a system based on the French Civil Code. The Civil Code as used in Quebec covers private disputes...

Answered: 1 week ago

Question

★★★★★
Solve for x without using a calculating utility. Use the natural logarithm anywhere that logarithms are needed. 3 = 2 5-2x = 3 3e-2x = 5 2ex = 7 et - 2xet = 0 xe* +2e=0 Solve e-2-3e* = -2 for x...

Answered: 1 week ago

Question

★★★★★
Becton Labs produces a variety of chemical compounds for industrial uses. The standard mix for February's production of 80,000 litres of Product "X" and the budgeted costs, are as follows: Liquid...

Answered: 1 week ago

Question

★★★★★
Q2) A jute packaging unit has planned production of 4950 kg of jute to be sold six months later. The spot price is 1940 per kg while six months futures are trading at 1880. The firm expects the price...

Answered: 1 week ago

Question

★★★★★
Scare-2-B-U (S2BU) specializes in costumes for all occasions. The average price of each of its costumes is $310. For each occasion, S2BU receives a 30 percent deposit two months before the occasion,...

Answered: 1 week ago

Question

★★★★★
The VIF for Engine Size found for the Full Model is 6.5147. This VIF is calculated based on an R-squared value from another model. This R-squared value is 0.846501. The resulting VIF is1/(1-0.846501)...

Answered: 1 week ago

Question

★★★★★
Quick Stop Fashion House produces "fast fashion" clothes that represent the current fad. In the foreign environment, this type of product is considered highly sensitive. O sensitive. O insensitive. O...

Answered: 1 week ago

Question

★★★★★
Q 4 : Asma and Aysha have a restaurant business on a Mudaraba contract basis. Asma is the Rabulmall and Aysha is the Mudrarib of the business. During the recent pandemic their business is...

Answered: 1 week ago

Question

★★★★★
1. Discuss the following statements: (a) Its what you are best at that will be your downfall. (b) How can we learn but not learn? (c) Learning to see is different from seeing. (d) Creativity is...

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: The trimming effect, vision, steady course paradox, bottom line, prisoners dilemma, social dilemma, CI strategy, CCI strategy,...

Answered: 1 week ago

Question

★★★★★
3. In what way can preconceptions affect what we perceive in new situations?

Answered: 1 week ago

Previous Question Next Question