Restatement of Security: Tentative Draft No. 1-4 : Submitted by the Council to the Members for Discussion ...

accepted action agreed agreement allowed amount apply arises assignment assumed authority bailment bailor Bank become benefit bond bound carrier charges chattel claim co-surety collected Comment common law compensated conditional consent consideration contract contribution court creditor damage debt debtor default defense discharged duty effect enforce entitled equity exists explanatory notes extension fact factor failure fraud give given granted guaranty guest held hold hotelkeeper Illustration indemnity insolvent insurer interest judgment knowledge latter liability lien lienor limited loss Mass ment mortgage negotiable notice obligation obtained offer owner paid parties payment performance person plaintiff pledge possession possessory lien principal principal's prior privilege promise reason received recover reimbursement relation release rendered respect Restatement result retain rule share situation specific statute subrogation subsequent supra surety surety's suretyship third person tion tort unless