Site navigation

According to the Indian Contract Act, 1872, the delivery of goods by one person to another for some…

Section 148 defines bailment as delivery of goods for a purpose under a contract requiring their return or disposal according to the deliverer’s directions when that purpose…

Choose your answer

According to the Indian Contract Act, 1872, 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, is a contract of:

Select one answer
Answer and explanation

Correct answer B

Section 148 defines bailment as delivery of goods for a purpose under a contract requiring their return or disposal according to the deliverer’s directions when that purpose is accomplished. Guarantee concerns another person’s default, while indemnity concerns protection against loss.

Practice for these exams

Related question papers

Related exam syllabi

Related questions in this topic