Question

    The General lien is not applicable to which of the following?

    A Unpaid Seller Correct Answer Incorrect Answer
    B Policy Broker Correct Answer Incorrect Answer
    C Banker Correct Answer Incorrect Answer
    D Factor Correct Answer Incorrect Answer

    Solution

    Indian Contract Act: Section 171. General lien of bankers, factors, wharfingers, attorneys and policy-brokers: Bankers, factors, wharfingers, attorneys of a High Court and policy-brokers may, in the absence of a contract to the contrary, retain as a security for a general balance of account, any goods bailed to them; but no other persons have a right to retain, as a security for such balance, goods bailed to them, unless there is an express contract to that effect.

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