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What comes into your mind whenever you hear the word pledge? What is your understanding of Prohibition against Pactum Commissorium? Differentiate pledge from mortgage? What
- What comes into your mind whenever you hear the word "pledge"?
- What is your understanding of "Prohibition against Pactum Commissorium"?
- Differentiate pledge from mortgage?
- What is the Pledge?
- Is pledge the same with mortgage? Why or why not? Explain.
- What are the obligations of the pledgor and pledgee?
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