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 dispose of upon discretion of the delivering person the contract is called___________________?
Correct answer: C. Bailment
- A. Indemnity
- B. Contingent Contract
- C. Bailment
- D. None of above
Explanation
Bailment involves delivery of goods for a specific purpose, with an obligation to return them or deal with them according to the bailor’s directions after that purpose is completed. Indemnity and contingent contracts do not contain this defining transfer of possession.
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Civil law governs disputes involving private rights, including contracts, property, family relations, torts and compensation. The subject explains breach of duty, civil liability, damages, specific relief, injunctions and other remedies, while distinguishing private claims between individuals from criminal proceedings brought to punish offences against the state.
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