Podcast
Questions and Answers
What is the main difference between sale of goods and bailment of goods?
What is the main difference between sale of goods and bailment of goods?
- Transfer of physical possession
- Transfer of possession and ownership
- Transfer without actual delivery of possession
- Transfer of ownership for a specified value (correct)
Who is the person who delivers the goods in a contract of bailment?
Who is the person who delivers the goods in a contract of bailment?
- Bailor (correct)
- Seller
- Owner
- Bailee
What is constructive delivery in a contract of bailment?
What is constructive delivery in a contract of bailment?
- Transfer of ownership for a specified value
- Transfer of physical possession
- Transfer without actual delivery of possession (correct)
- Return of goods after specific performance
Which section of the law defines the contract of bailment?
Which section of the law defines the contract of bailment?
In bailment, what is the main requirement for there to be a contract?
In bailment, what is the main requirement for there to be a contract?
Which type of delivery involves physical possession of goods not being transferred?
Which type of delivery involves physical possession of goods not being transferred?
In constructive delivery, what action is considered equivalent to actual delivery of goods?
In constructive delivery, what action is considered equivalent to actual delivery of goods?
Which section of the law specifically deals with constructive delivery of goods?
Which section of the law specifically deals with constructive delivery of goods?
In what situation does a finder of goods become a bailee under an involuntary contract of bailment?
In what situation does a finder of goods become a bailee under an involuntary contract of bailment?
In a bailment, when must the goods be returned to the bailor or taken care of per their instructions?
In a bailment, when must the goods be returned to the bailor or taken care of per their instructions?
