Ben Pledged His Watch to V

Ben pledged his watch to V. Y. Domingo for ₱5,000. On the due date Ben failed to pay his loan and redeem the watch. The pawnshop sold the watch at public auction to the highest bidder at ₱4,000.

A) The pawnshop can recover the deficiency of ₱1, 000 from Ben.
B) The pawnshop cannot recover the ₱1, 000 unless there is a stipulation.
C) The pawnshop can recover the ₱1, 000 even without a stipulation.
D) The pawnshop cannot recover the ₱1, 000 even if there is a stipulation.