What is called bailment?
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".
What is the meaning of bailment What are the essential elements of bailment How is contract of bailment different from contract of sale?
A bailment occurs when someone temporarily transfers property to another person for a limited time and a specific purpose. However, ownership of the property is not transferred. This is what differentiates a bailment from a sale. The person who delivers the article is referred to as the bailor.
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