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Section 178 of the Indian Contract Act, 1872 deals with:

Section 178 of the Indian Contract Act protects a pledge by a mercantile agent possessing goods or their title documents with the owner's consent, acting in the ordinary…

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Section 178 of the Indian Contract Act, 1872 deals with:

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Section 178 of the Indian Contract Act protects a pledge by a mercantile agent possessing goods or their title documents with the owner's consent, acting in the ordinary course of such business. The pawnee must act in good faith and lack notice at the pledge of the pawnor's want of authority. Sections 178A and 179 address different bases of pledge.

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