New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    To constitute

    "Bailment":
    A It is sufficient if bailee is in symbolic possession of the goods Correct Answer Incorrect Answer
    B Actual delivery of the goods to bailee is essential Correct Answer Incorrect Answer
    C Bailor need not deliver the goods to bailee Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    Contract Act: Section 148 "Bailment", "bailor" and "bailee" defined: A "bailment" is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them. The person delivering the goods is called the "bailor". The person to whom they are delivered is called, the "bailee". Section 149 delivery to bailee how made: The delivery to the bailee may be made by doing anything which has the effect of putting the goods in the possession of the intended bailee or of any person authorized to hold them on his behalf.

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