16. In case of pledge of negotiable instruments, who has title to the instruments?
17. What is meant by loans on collateral securities?
18. What is a collateral note?
19. By whom are collateral notes commonly used?
20. After payment of the debt for which property is pledged, who is entitled to possession of the pledged property?
21. Who is entitled to possession of property pledged before payment of the debt secured?
22. In case of pledge of negotiable instrument who must collect the interest and instrument when due?
23. What degree of care is required of a pledgee in the protection of pledged property?
24. If the pledgor fails to pay the debt when due, what may the pledgee do with the property?
25. In selling pledged property what notice, if any, should the pledgee give the pledgor?