Question:
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 disposed of according to the directions of the person delivering them. This process is termed as:
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 disposed of according to the directions of the person delivering them. This process is termed as:
Show Hint
Bailment involves the delivery of goods for a specific purpose, with the expectation that they will be returned or disposed of according to the instructions.
Updated On: Nov 5, 2025
- Agency
- Bailment
- Guarantee
- Contingency
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
Step 1: Understanding Bailment.
Bailment refers to the transfer of goods or property from one person (the bailor) to another (the bailee) for a specific purpose, with the understanding that the goods will be returned or dealt with according to the bailor's instructions.
Step 2: Explanation of the options.
- (a) Agency: This refers to a relationship where one person acts on behalf of another, but it does not necessarily involve the delivery of goods.
- (b) Bailment: This is the correct answer, as it specifically deals with the temporary transfer of goods for a specific purpose.
- (c) Guarantee: This refers to a promise made by a third party to be responsible for another's debt or performance but does not involve the delivery of goods.
- (d) Contingency: This involves an uncertain event, not the delivery of goods.
Step 3: Conclusion.
Thus, the correct answer is (b) Bailment.
Bailment refers to the transfer of goods or property from one person (the bailor) to another (the bailee) for a specific purpose, with the understanding that the goods will be returned or dealt with according to the bailor's instructions.
Step 2: Explanation of the options.
- (a) Agency: This refers to a relationship where one person acts on behalf of another, but it does not necessarily involve the delivery of goods.
- (b) Bailment: This is the correct answer, as it specifically deals with the temporary transfer of goods for a specific purpose.
- (c) Guarantee: This refers to a promise made by a third party to be responsible for another's debt or performance but does not involve the delivery of goods.
- (d) Contingency: This involves an uncertain event, not the delivery of goods.
Step 3: Conclusion.
Thus, the correct answer is (b) Bailment.
Was this answer helpful?
0
0
Top Questions on Contract Law
- Under the Indian Contract Act, 1872, what happens if the principal debtor leaves part of the debt unpaid and there are two or more co-sureties?
- AIBE - 2025
- Legal Studies
- Contract Law
- The Indian Contract Act, 1872, provides for specific situations where an agreement without consideration is not void. Which of the following is valid despite lack of consideration?
- AIBE - 2025
- Legal Studies
- Contract Law
- As per the Indian Contract Act, 1872, an acceptance must be absolute and unqualified. What is the legal effect if an offeree's response introduces a new term?
- AIBE - 2025
- Legal Studies
- Contract Law
- According to the Indian Contract Act, 1872, when is the communication of an acceptance complete against the proposer?
- AIBE - 2025
- Legal Studies
- Contract Law
Match List-I with List-II\[\begin{array}{|c|c|} \hline \textbf{List-1} & \textbf{List-II} \\ \hline \text{(A) Hadley v. Baxendale} & \text{(1) Undue Influence} \\ \hline \text{(B) Henkel v. Pape} & \text{(II) Coercion} \\ \hline \text{(C) Manu Singh v. Umadat Pandey} & \text{(III) Quantum of Damages} \\ \hline \text{(D) Chikkam Amiraju v. Seshamma} & \text{(IV) Mistake} \\ \hline \end{array}\]
- CUET (PG) - 2025
- LLM
- Contract Law
View More Questions
Questions Asked in AIBE exam
- The grounds for decree for dissolution of marriage under Section 2 of the Dissolution of Muslim Marriages Act, 1939 are:
I. whereabouts of the husband have not been known for two years.
II. husband has been sentenced to imprisonment for a period of five years.
III. husband has failed to perform marital obligations for two years without reasonable cause.
IV. husband has neglected or failed to maintain his wife for one year.
Select the correct answer.- AIBE - 2025
- Family Laws
- A Statement is followed by two Conclusions, I and II.
Statement: According to the Child and Adolescent Labour (Prohibition and Regulation) Act, 1986, the Government credits ₹15,000 to the Rehabilitation Fund for each child or adolescent for whom fine has been recovered from the employer. This amount may be deposited or invested, and the interest is also payable to the child or adolescent.
Conclusions:
I. The child or adolescent is entitled not only to the credited amount but also to the interest accrued on it.
II. The Government is not required to deposit any money other than what is collected as fines from the employer.
Which one is correct?- AIBE - 2025
- Labour & Industrial Law
- Consider the following statements about Article 32 of the Constitution and select the correct answer:
I. The Article is silent about the locus standi regarding who may approach the Court.
II. The Article is silent about the opposite party against whom relief may be granted.
III. The Article creates scope for even a sixth type of writ.- AIBE - 2025
- Constitutional Laws
- If a bailiff executes an eviction based on a civil court order later declared void for lack of jurisdiction, what protection does Section 78 of the Indian Penal Code provide?
- AIBE - 2025
- Indian Penal Code (IPC)
- Under Section 290(1) of Bharatiya Nagarik Suraksha Sanhita, 2023, within how many days from the date of framing of charge can an accused file an application for plea bargaining?
- AIBE - 2025
- Bharatiya Nagarik Suraksha Sanhita (BNSS)
View More Questions