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Delivery of goods from one person to another for a special purpose is called as

The arrangement is bailment, in which goods are delivered to another person for a purpose. Section 148 also requires that, once the purpose is accomplished, they be returned…

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Delivery of goods from one person to another for a special purpose is called as

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The arrangement is bailment, in which goods are delivered to another person for a purpose. Section 148 also requires that, once the purpose is accomplished, they be returned or disposed of as the delivering person directs. A pledge is a particular kind of bailment made as security for a debt or promise, which is a more specific purpose than the question describes.

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