Where a seller of goods is in possession of them after the sale and delivers them under a pledge, the pledge has effect, if the goods are received in good faith and without notice of the sale, as if the owner of the goods had expressly authorised their delivery1. Protection is similarly afforded where a buyer, having bought or agreed to buy goods, obtains possession of them with the seller's consent and delivers them under a pledge2. This protection extends to pledges effected by a mercantile agent
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234