The person whom delivered the goods for bailment process is called a) Bailee b) Bailor c) Pawnor d) Pawnee

The person whom delivered the goods for bailment process is called
a) Bailee
b) Bailor
c) Pawnor
d) Pawnee
by

1 Answer

Answer :

a) Bailee
by

Related questions

Pledgor is also known as a) Pawnor b) Pawnee c) Bailor d) Agent

Description : Pledgor is also known as a) Pawnor b) Pawnee c) Bailor d) Agent

Last Answer : a) Pawnor

In general all of the following are requirement for a bailment; except that the: a) Bailor must be in possession of goods b) Bailee must intent to possess goods c) Bailee must return identical goods d) Actual ownership of goods is necessary

Description : In general all of the following are requirement for a bailment; except that the: a) Bailor must be in possession of goods b) Bailee must intent to possess goods c) Bailee must return identical goods d) Actual ownership of goods is necessary

Last Answer : d) Actual ownership of goods is necessary

Any one in possession of goods can create bailment relationship and becomes: a) Bailee b) Bailor c) Executor d) Administrator

Description : Any one in possession of goods can create bailment relationship and becomes: a) Bailee b) Bailor c) Executor d) Administrator

Last Answer : b) Bailor

A bailment in which only the person who borrows and article gets the benefits is known as: a) Bailment for the sole benefits of the bailee b) Bailment for the sole benefits of the bailor c) Mutual benefit bailment d) Constructive bailment

Description : A bailment in which only the person who borrows and article gets the benefits is known as: a) Bailment for the sole benefits of the bailee b) Bailment for the sole benefits of the bailor c) Mutual benefit bailment d) Constructive bailment

Last Answer : a) Bailment for the sole benefits of the bailee

Choose the incorrect; Rights of bailee: a) Rights of implied b) Bailor’s lien c) Termination of bailment d) Enforcement of duties of bailor

Description : Choose the incorrect; Rights of bailee: a) Rights of implied b) Bailor’s lien c) Termination of bailment d) Enforcement of duties of bailor

Last Answer : c) Termination of bailment

No consideration passes between the bailor and bailee a) Non gratuitous bailment b) Gratuitous bailment c) Special bailment d) Conditional bailment

Description : No consideration passes between the bailor and bailee a) Non gratuitous bailment b) Gratuitous bailment c) Special bailment d) Conditional bailment

Last Answer : b) Gratuitous bailment

The law concerning bailment provides for certain rights and duties of both bailor and bailee, depending on the: a) Amount of transaction b) Nature of business c) Kind of bailment d) Competency in the market

Description : The law concerning bailment provides for certain rights and duties of both bailor and bailee, depending on the: a) Amount of transaction b) Nature of business c) Kind of bailment d) Competency in the market

Last Answer : c) Kind of bailment

A person who finds the goods belonging to others and takes them into his possession is called a) Finder of goods b) Bailor c) Pledgor d) Pawnee

Description : A person who finds the goods belonging to others and takes them into his possession is called a) Finder of goods b) Bailor c) Pledgor d) Pawnee

Last Answer : c) Pledgor

The person delivering the goods for achieving some purpose and returned the same after completion is called a) Bailee b) Pledgee c) Bailor d) Agent

Description : The person delivering the goods for achieving some purpose and returned the same after completion is called a) Bailee b) Pledgee c) Bailor d) Agent

Last Answer : c) Bailor

Pledgee is also known as a) Pawnee b) Pawnor c) Principal d) Agent

Description : Pledgee is also known as a) Pawnee b) Pawnor c) Principal d) Agent

Last Answer : a) Pawnee

The transfer of goods from a bailor to a must actually take place Landlord Bailee Lease Tenant

Description : The transfer of goods from a bailor to a must actually take place Landlord Bailee Lease Tenant

Last Answer : Bailee

Which is not the case of termination of bailment (a) Where the bailee wrongfully uses or dispose of the goods bailed. (b) When the period of bailment expires (c) When the object of bailment has been achieved (d) None of the above

Description : Which is not the case of termination of bailment (a) Where the bailee wrongfully uses or dispose of the goods bailed. (b) When the period of bailment expires (c) When the object of bailment has been achieved (d) None of the above

Last Answer : (d) None of the above

Who has the primary responsibility in agency? a. Principal b. Agent c. Bailor d. Bailee

Description : Who has the primary responsibility in agency? a. Principal b. Agent c. Bailor d. Bailee

Last Answer : a. Principal

A gives B two suitcases to store for him while he is at a meeting. What is the correct relationship between A and B. a) A is the bailee and B is the bailor b) A is the bailor and B is the bailee c) A and B are both bailees d) A and B are both Bailor

Description : A gives B two suitcases to store for him while he is at a meeting. What is the correct relationship between A and B. a) A is the bailee and B is the bailor b) A is the bailor and B is the bailee c) A and B are both bailees d) A and B are both Bailor

Last Answer : b) A is the bailor and B is the bailee

The term bailment is derived from a French word “bailor”, which means: a) Depends b) Deliver c) Selling d) Buying

Description : The term bailment is derived from a French word “bailor”, which means: a) Depends b) Deliver c) Selling d) Buying

Last Answer : b) Deliver

An agreement reached between a bailer and a bailee is a) Mortgage b) Bailout c) Bailment d) Codicil

Description : An agreement reached between a bailer and a bailee is a) Mortgage b) Bailout c) Bailment d) Codicil

Last Answer : c) Bailment

Right of a person to retain possession of some goods belonging to another until some debts of the person in possession is satisfied a) Pledge b) Bailment c) Lien d) Guarantee

Description : Right of a person to retain possession of some goods belonging to another until some debts of the person in possession is satisfied a) Pledge b) Bailment c) Lien d) Guarantee

Last Answer : c) Lien

Choose the correct one; Duties of bailor a) To return the goods b) To disclose known faults c) Not to set up an adverse title d) To return any accretion to the goods

Description : Choose the correct one; Duties of bailor a) To return the goods b) To disclose known faults c) Not to set up an adverse title d) To return any accretion to the goods

Last Answer : b) To disclose known faults

Which one is not the duties of bailee (a) The bailee must take care of goods as of his goods. (b) The bailee cannot use bailor’s goods in an unauthorised manner. (c) The bailee should return the goods without demand on the expiry of the time period. (d) He can set up adverse title to the goods.

Description : Which one is not the duties of bailee (a) The bailee must take care of goods as of his goods. (b) The bailee cannot use bailor’s goods in an unauthorised manner. (c) The bailee should return the goods without demand on the expiry of the time period. (d) He can set up adverse title to the goods.

Last Answer : (d) He can set up adverse title to the goods.

What is the right of the bailee against the goods (a) Owner (b) Possessor (c) Bailee can sell those goods (d) Both (a) & (b)

Description : What is the right of the bailee against the goods (a) Owner (b) Possessor (c) Bailee can sell those goods (d) Both (a) & (b)

Last Answer : (b) Possessor

What is the subject matter of bailment a) Movable goods b) Immovable goods c) Perishable goods d) All of the above

Description : What is the subject matter of bailment a) Movable goods b) Immovable goods c) Perishable goods d) All of the above

Last Answer : a) Movable goods

The bailment of goods as security for payment of a debt or performance of a promise a) Pledge b) Lien c) Agency d) Bailment

Description : The bailment of goods as security for payment of a debt or performance of a promise a) Pledge b) Lien c) Agency d) Bailment

Last Answer : a) Pledge

A person employed to do any act for another person is called. a. Agent b. Principal c. Agency d. Bailor

Description : A person employed to do any act for another person is called. a. Agent b. Principal c. Agency d. Bailor

Last Answer : a. Agent

where the goods are delivered to a carrier or wharfinger for the purpose of transmission to the buyer, the delivery is a) invalid delivery b)valid and effective c) conditional d)none of this

Description : where the goods are delivered to a carrier or wharfinger for the purpose of transmission to the buyer, the delivery is a) invalid delivery b)valid and effective c) conditional d)none of this

Last Answer : b)valid and effective

The contract which creates the relationship of an agent and principal a. Agency b. Bailment c. Pledge d. Offer

Description : The contract which creates the relationship of an agent and principal a. Agency b. Bailment c. Pledge d. Offer

Last Answer : a. Agency

Which of the following is not an example of bailment a) A coat check b) Valet parking c) Dry cleaning d) A gift you give someone for their birthday

Description : Which of the following is not an example of bailment a) A coat check b) Valet parking c) Dry cleaning d) A gift you give someone for their birthday

Last Answer : d) A gift you give someone for their birthday

Which of the following is not a type of bailment a) Gratuitous b) deposit c) Sale d) Loan for use

Description : Which of the following is not a type of bailment a) Gratuitous b) deposit c) Sale d) Loan for use

Last Answer : c) Sale

What is the essence of the bailment a) Transfer of ownership b) Transfer of possession c) A and B d) None of these

Description : What is the essence of the bailment a) Transfer of ownership b) Transfer of possession c) A and B d) None of these

Last Answer : b) Transfer of possession

A bailment is for a specific period, it terminates on expiry of that period a) On the achievement of the subject b) On the expiry of the period c) Gratuitous bailment d) Destruction of the subject matter

Description : A bailment is for a specific period, it terminates on expiry of that period a) On the achievement of the subject b) On the expiry of the period c) Gratuitous bailment d) Destruction of the subject matter

Last Answer : b) On the expiry of the period

A bailment for the sole benefit of a bailer usually results in ------------ a) Borrowing /lending transactions b) Spring transaction c) Declarative transaction d) Autonomous transaction

Description : A bailment for the sole benefit of a bailer usually results in ------------ a) Borrowing /lending transactions b) Spring transaction c) Declarative transaction d) Autonomous transaction

Last Answer : a) Borrowing /lending transactions

A bailment allows an owner of a personal property to transfer possession of it to another individual for any one of the following purpose; except: a) Sale b) Transportation c) Storage d) Lease

Description : A bailment allows an owner of a personal property to transfer possession of it to another individual for any one of the following purpose; except: a) Sale b) Transportation c) Storage d) Lease

Last Answer : d) Lease

A transaction in which an owner of a tangible personal property transfers the property such property is known as: a) Bailment b) Pledge c) Hypothecation d) Lease

Description : A transaction in which an owner of a tangible personal property transfers the property such property is known as: a) Bailment b) Pledge c) Hypothecation d) Lease

Last Answer : a) Bailment

Bailment is a special kind of contract that is widely used in business and in: a) Personal affairs b) Cultural activities c) Academic research d) Charitable institution

Description : Bailment is a special kind of contract that is widely used in business and in: a) Personal affairs b) Cultural activities c) Academic research d) Charitable institution

Last Answer : a) Personal affairs

The person to whom the guarantee is given is called a) Indemnifier b) Principal debtor c) Indemnified d) Creditor

Description : The person to whom the guarantee is given is called a) Indemnifier b) Principal debtor c) Indemnified d) Creditor

Last Answer : d) Creditor

Communication of proposal is complete when it comes to the knowledge of ........... (a) The person to whom it is made (b) The proposer (c) Either (a) or (b) (d) The Court.

Description : Communication of proposal is complete when it comes to the knowledge of ........... (a) The person to whom it is made (b) The proposer (c) Either (a) or (b) (d) The Court.

Last Answer : (a) The person to whom it is made

Communication of offer is complete when (a) The letter is posted to the offeree (b) The letter is received by the offeree (c) The offer is accepted by the person to whom it is made (d) It comes to the knowledge of the offeror that the letter has been received by the offeree

Description : Communication of offer is complete when (a) The letter is posted to the offeree (b) The letter is received by the offeree (c) The offer is accepted by the person to whom it is made (d) It comes to the knowledge of the offeror that the letter has been received by the offeree

Last Answer : (b) The letter is received by the offeree

Which of the following is false? An offer to be Valid must (a) Contain a term the non- compliance of which would amount to acceptance. (b) Intend to create legal relations. (c) Have certain and unambiguous terms. (d) Be communicated to the person to whom it is made.

Description : Which of the following is false? An offer to be Valid must (a) Contain a term the non- compliance of which would amount to acceptance. (b) Intend to create legal relations. (c) Have certain and unambiguous terms. (d) Be communicated to the person to whom it is made.

Last Answer : (a) Contain a term the non- compliance of which would amount to acceptance.

A person finds certain goods belonging to some other persons. In such a case, the finder (a) Becomes the owner of that good (b) Is under a duty to trace the real owner (c) Can sell that good if true owner is not found (d) Both (b) & (c)

Description : A person finds certain goods belonging to some other persons. In such a case, the finder (a) Becomes the owner of that good (b) Is under a duty to trace the real owner (c) Can sell that good if true owner is not found (d) Both (b) & (c)

Last Answer : (d) Both (b) & (c)

Offeror is ............ (a) Party to whom offer is made (b) Third party (c) Party making an offer (d) None of the above

Description : Offeror is ............ (a) Party to whom offer is made (b) Third party (c) Party making an offer (d) None of the above

Last Answer : (c) Party making an offer

On sellers wrongful refusal to deliver the unascertained goods to the buyer, the buyer can file a suit for recovery of a)goods b)damages c)both (a) and (b) d)none of these

Description : On sellers wrongful refusal to deliver the unascertained goods to the buyer, the buyer can file a suit for recovery of a)goods b)damages c)both (a) and (b) d)none of these

Last Answer : d)none of these

where by exercising the right of stoppage in transit the unpaid seller regains the possession of goods, then a) unpaid seller lien revives b)contract of sale in terminated c) unpaid seller lien does not revive d)sellers possession in unlawful

Description : where by exercising the right of stoppage in transit the unpaid seller regains the possession of goods, then a) unpaid seller lien revives b)contract of sale in terminated c) unpaid seller lien does not revive d)sellers possession in unlawful

Last Answer : c) unpaid seller lien does not revive

The unpaid seller can exercise his right of stoppage of goods in transit where the buyer a)refuse to pay price b)acts fraudulently c)become insolvent d)all of these

Description : The unpaid seller can exercise his right of stoppage of goods in transit where the buyer a)refuse to pay price b)acts fraudulently c)become insolvent d)all of these

Last Answer : d)all of these

In case a condition is changed to the status of a warranty ,then the buyer a)loses the right to reject goods b)retains right claim damages only c)both (a) and (b) are true d)both (a) and (b) are false

Description : In case a condition is changed to the status of a warranty ,then the buyer a)loses the right to reject goods b)retains right claim damages only c)both (a) and (b) are true d)both (a) and (b) are false

Last Answer : c)both (a) and (b) are true

In which of the following cases, the unpaid seller loses his right of lien? a) delivery of goods to buyer b)delivery of goods to carrier c) tender of price by buyer d) all of these

Description : In which of the following cases, the unpaid seller loses his right of lien? a) delivery of goods to buyer b)delivery of goods to carrier c) tender of price by buyer d) all of these

Last Answer : c) tender of price by buyer

In Case of unconditional contract of sale, the property passes to the buyer at the time of making the contract. for this to apply, the goods must be a) specific b)in a deliverable state c) physically transferred to buyer d)both(a) and (b)

Description : In Case of unconditional contract of sale, the property passes to the buyer at the time of making the contract. for this to apply, the goods must be a) specific b)in a deliverable state c) physically transferred to buyer d)both(a) and (b)

Last Answer : a) specific

The goods are the risk of a party who has the a) ownership of goods b)possession of goods c) custody of goods d)both (b) and (c)

Description : The goods are the risk of a party who has the a) ownership of goods b)possession of goods c) custody of goods d)both (b) and (c)

Last Answer : a) ownership of goods

The property in the goods means the a) possession of goods b)custody of goods c) ownership of goods d)both(a) and (b)

Description : The property in the goods means the a) possession of goods b)custody of goods c) ownership of goods d)both(a) and (b)

Last Answer : c) ownership of goods

An auction sale is complete on the a) fall of hammer b)delivery of goods c) payment of price d)both (b) and (c)

Description : An auction sale is complete on the a) fall of hammer b)delivery of goods c) payment of price d)both (b) and (c)

Last Answer : a) fall of hammer

On the payment of price by the buyer ,if the seller fails to deliver the goods ,then the buyer can file a suit for a) refund of price b)interest c) none of this d)both (a )and (b)

Description : On the payment of price by the buyer ,if the seller fails to deliver the goods ,then the buyer can file a suit for a) refund of price b)interest c) none of this d)both (a )and (b)

Last Answer : a) refund of price

In case on sale of approval the ownership is transferred to the buyer when he a) adopts the transactions b)accept the goods c) fail to return goods d)in all the above cases

Description : In case on sale of approval the ownership is transferred to the buyer when he a) adopts the transactions b)accept the goods c) fail to return goods d)in all the above cases

Last Answer : c) fail to return goods