Accountancy, asked by kritisinha4949, 11 months ago

what is bailor and bailee

Answers

Answered by ambikaanandan1982
4
The bailor entrusts the possession of the good or property to another individual, known as the bailee. Abailment is usually a contractual agreement between the bailor and thebailee that specifies the terms and purpose of the change in possession.
Answered by AyushUpadhyay246
1

Bailor is a person that have possestion to that goods or property and says like that a person have possestion of movable goods

The other way bailee is person who use the particular goods that given by bailor or demand by bailee himself

Hope its help u

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