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A pledge is a bailment that conveys title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment for some debt or obligation and to the mutual benefit of both parties. [1] [2] The term is also used to denote the property which constitutes the security. [3] The pledge is a type of security interest.
There are some places where there is a confusion between the "oath" and other statements or promises. For example, the current Olympic Oath is really a pledge, not properly an oath, since there is only a promise but there is no appeal to a sacred witness. Oaths may also be confused with vows, but vows are really just a particular kind of an oath.
Lyndon B. Johnson taking the American presidential oath of office in 1963, after the assassination of John F. Kennedy. An oath of office is an oath or affirmation a person takes before assuming the duties of an office, usually a position in government or within a religious body, although such oaths are sometimes required of officers of other organizations.
A Hippocratic Oath For Business. Claire Gordon. Updated July 14, 2016 at 9:21 PM. Harvard University hippocratic oath. In the wake of the financial crisis, one name was oft repeated. It echoed ...
Florida GOP leaders voted this year to require Republican presidential candidates to sign a pledge promising to support the eventual party nominee to get on the state’s March 19 primary ballot.
The original 1787 text of the Constitution of the United States makes three references to an "oath or affirmation": In Article I, senators must take a special oath or affirmation to convene as a tribunal for impeachment; in Article II, the president is required to take a specified oath or affirmation before entering office; and in Article VI, all state and federal officials must take an oath ...
The resignation letter was short and direct. “I can no longer be under an oath to uphold the New Constitution of Ohio," wrote Sabrina Warner in her letter announcing she was stepping down from ...
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