Can a non – owner make a valid pledge?

In mercantile law, the concept of pledge revolves around the act of creating a security interest in personal property to secure a debt or obligation. Generally, a pledge involves the transfer of possession of the property from the pledgor (the person making the pledge) to the pledgee (the person to whom the pledge is made). The question of whether a non-owner can make a valid pledge raises important considerations related to the legal requirements and implications of this commercial transaction.

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