Business Studies, asked by Darshnayadav20, 24 days ago

Define bailment and give its essentials.​

Answers

Answered by NITESH761
5

Answer:

The definition of bailment is, “A bailment is a delivery of goods/products 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.”

Answered by PanyaKohli
1

Answer:

The definition of bailment is, “A bailment is a delivery of goods/products 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.”

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