Which of the following is a bailment plus agreement to?
Hire purchase agreement is bailment plus agreement to sell.
Which one is a type of bailments Mcq?
Types of bailment are:\n\n Gratuitous bailment. Non-gratuitous bailment. Bailment for the exclusive benefit of bailor/bailee. Bailment for the mutual benefit of bailor ɪmp; bailee.
What is a bailment Mcq?
—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.
What is bailment?
A contract of bailment which is executed only for the benefit of the bailor. A contract of bailment which is executed for the mutual benefit of the bailor and the bailee. It is a contract of bailment where no consideration passes between the bailor and the bailee.
When is a bailment for mutual benefit not a knowingly intended act?
Bailment for mutual benefit o The delivery need not be a knowingly intended act on the part of the bailor if it is apparent that were she, the quasi or constructive bailor, aware of the circumstances she would have desired the person finding the article to have kept it safely for its subsequent return to her (Shamrock v. Caranas)
Is hiring a locker a contract of bailment?
However, according to the judgement of Atul Mehra v. Bank of Maharastra case, The court, in this case, held that exclusive possession of the goods is sine qua non for bailment. Therefore, mere hiring of a locker would not be sufficient to constitute a contract of bailment as provided under Section 148 of the Indian Contract Act, 1872