Basic Questions on Bailment

Contract of Bailment Question Bank:

Ques. Bailment means ………..
(a) temporary delivery of goods
(b) permanent delivery of goods
(c) partly delivery of goods
(d) None

Ans. (a)

Ques. It is not essential element of contract of bailment ………..
(a) Purchase of goods
(b) doing contract
(c) delivery of goods
(d) return of goods in specific time

Ans. (a)

Ques. In the contract of bailment the person delivering the goods is called ………
(a) bailor
(b) bailee
(c) seller
(d) agent

Ans. (a)

Ques. Lien means ………..
(a) to retain goods in his possession
(b) rights to sell the goods
(c) right to purchase the goods
(d) right to destroy the goods

Ans. (a)

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Ques. This is not kinds of bailment ……….
(a) contract of bank locker
(b) comodatum
(c) hire agreement
(d) pawn

Ans. (a)

Ques. Which type of lien have a bailee ?
(a) specific lien
(b) general lien
(c) special lien
(d) implied lien

Ans. (a)

Ques. When goods are lent to a person to the used by him on free of cost. That is ……….. contract.
(a) comodatum
(b) pawn
(c) hire
(d) gift

Ans. (a)

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Ques. The person to whom goods are deliver temporally is ………
(a) baliee
(b) bailor
(c) purchaser
(d) user

Ans. (a)

Ques. It is necessary in bailment
(a) transfer of possession
(b) transfer of ownership
(c) transfer of goods
(d) transfer of property

Ans. (a)

Ques. Bailee should care the goods as per ………
(a) as a man of ordinary prudence
(b) as owner
(c) as principal
(d) as a servant

Ans. (a)

Ques. When in transaction of Bailment comes to an end the duty of transfer the goods is laid upon whom ?
(a) Bailee
(b) Bailor
(c) Bailment
(d) Person

Ans. (a)

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Ques. Commodatum is a one type of Bailment in which ………..
(a) no consideration is charged
(b) consideration is charged
(c) reimburse severance of expenses is include behind the assets
(d) none of these

Ans. (a)

Ques. The bailor is bound to disclose to the bailee ……….
(a) faults the goods
(b) price of goods
(c) weight of goods
(d) owner of goods

Ans. (a)

Ques. The finder of goods has right of ………
(a) lien
(b) purchase
(c) succession
(d) none

Ans. (a)

Ques. A finder of goods is subject to the same responsibility as that of a ……..
(a) bailee
(b) bailor
(c) surety
(d) purchaser

Ans. (a)

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Ques. The bailment of goods as security for payment of a debt is called ………
(a) pledge
(b) bailment
(c) mortgage
(d) none of these

Ans. (a)

Ques. The bailment of goods as security for performance of a promise is called
(a) pledge
(b) bailment
(c) mortgage
(d) None of these

Ans. (a)

Ques. What is an essential element of a valid pledge ?
(a) Delivery of goods
(b) Delivery of bills
(c) Price
(d) None of these

Ans. (a)

Ques. The pledge is a contract of ………..
(a) bailment
(b) agency
(c) guarantee
(d) mortgage

Ans. (a)

Ques. Lien of a Pawnee is called ………..
(a) Right to retainer
(b) right to destroy
(c) right to use
(d) right to release

Ans. (a)

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Jaspreet

Jaspreet (Masters in Commerce-LLB) not only have exceptional command of Accounts and Commerce subjects but also have keen interest in Law. He is consistent in producing high quality assignments.

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