New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    As per section 150 of the Contract Act________ is bound

    to disclose to the faults in the goods bailed, of which he is aware, and which materially interfere with the use of them
    A Bailor Correct Answer Incorrect Answer
    B Bailee Correct Answer Incorrect Answer
    C Pawnor Correct Answer Incorrect Answer
    D Pawnee Correct Answer Incorrect Answer
    E Either a or c Correct Answer Incorrect Answer

    Solution

    Section 150.   Bailor's duty to disclose faults in goods bailed: The bailor is bound to disclose to the bailee faults in the goods bailed, of which the bailor is aware, and which materially interfere with the use of them, or expose the bailee to extraordinary risks; and if he does not make such disclosure, he is responsible for damage arising to the bailee directly from such faults.

    Practice Next

    Relevant for Exams: