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Which of these is expressly named in section 171 of the Indian Contract Act, 1872 as entitled to retain…

Section 171 expressly lists bankers. It permits a statutory general lien for the classes it names in the absence of a contract to the contrary, and other persons require an…

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Which of these is expressly named in section 171 of the Indian Contract Act, 1872 as entitled to retain bailed goods as security for a general balance of account in the absence of a contract to the contrary?

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Answer and explanation

Correct answer A

Section 171 expressly lists bankers. It permits a statutory general lien for the classes it names in the absence of a contract to the contrary, and other persons require an express contract for a general lien over bailed goods.

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Option A

Bankers are expressly listed among the persons entitled to the statutory general lien, absent a contrary contract.

Option B

Creditor status alone is not a listed ground, although section 171 permits another person to establish a right by express contract.

Option C

The unpaid seller’s lien is a separate right relating to the goods and price under the Sale of Goods Act, 1930.

Option D

Section 168 addresses a finder’s retention for certain charges, a distinct right from the general balance lien.

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