Date of Upload: 25.10.2026
- Sections ____________of the Indian Contract Act, 1872 deal with the contract of “Bailment”—Section 148 to 170.
- Section 148 of the Indian Contract Act, 1872 defines—Bailment, Bailor and Bailee.
- The word ‘bailment’ is derived from the French word—Ballier (means to deliver).
- A person who delivers his goods to the bailee contract of bailment is called?—Bailor.
- The person to whom goods are delivered in contract of bailment is called?—Bailee.
- The delivery of goods from one person to another for a specific purpose, and the goods must be returned or otherwise disposed of according to the bailor’s directions after the purpose is accomplished is a contract of—Bailment.
- The gratuitous bailments are recognized and governed by which Act in India—Indian Contract Act, 1872.
- If the bailee does any act with regard to the goods bailed, inconsistent with the conditions of the bailment, a contract of bailment is __________at the option of the bailor— Voidable [S. 153]
- It is a bailment created solely for the benefit of one party, either the bailor or the bailee, and is characterized by the absence of any contractual obligation for payment is known as—Gratuitous Bailment.
- Gratuitous Bailment—True/ False: A gratuitous bailment is terminated by the death either of the bailor or of the bailee- True [Refer Section 162].
- Sale by Finder of Goods—When a thing which is commonly the subject of sale is lost, if the owner cannot with reasonable diligence be found, or if he refuses, upon demand, to pay the lawful charges of the finder, the finder may sell it, when the lawful charges of the finder, in respect of the thing found, amount to __________of its value—Two-thirds. [Section 169]
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