What is Contract of Bailment? Everything you need to know.
A ‘bailment’ is the delivery of goods by one person to another for some purpose. Upon a contract, 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 known as bailor and the person to whom goods are delivered is known as bailee. However, if the owner continues to maintain control over the goods, there is no bailment
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