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Section 148 of the Indian Contract Act, 1872 deals with:

Section 148 defines "bailment" as the delivery of goods for some purpose upon a contract that they be returned or disposed of, and calls the person delivering the "bailor"…

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Section 148 of the Indian Contract Act, 1872 deals with:

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Section 148 defines "bailment" as the delivery of goods for some purpose upon a contract that they be returned or disposed of, and calls the person delivering the "bailor" and the recipient the "bailee". Guarantee is defined in section 126, indemnity in section 124 and agent and principal in section 182.

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