Multiple choice

What is/are the basic difference(s) between sale and bailment in law?

  1. Ownership is transferred to buyer in a sale.

  2. Buyer has no obligation to return the goods.

  3. In a contract of bailment, both (1) and (2) are not applicable.

  4. Both (1) and (2) are applicable.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Ownership is transferred to buyer in the sale whereas only possession is transferred in bailment. Buyer has no obligation to return the goods in case of sale. In case of bailment, bailee is duty-bound to return the goods after the accomplishment of the purpose.

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