18. Bailment is the
.of goods by one person to another for a specific purpose upon a contract
(A) Possession
(B) Delivery
(C) Transfer of ownership
(D) All of the above
Answers
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ANSWER:-
OPTION (B) Delivery is correct answer.
Explanation:
A 'bailment' is the 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 otherwise disposed of according to the directions of the person delivering them. The person delivering the goods is called the 'bailor'.
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