Consideration may be gratuitous or non-gratuitous
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in case of sale
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in case of bailment
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in both the above cases
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in no case
B
Correct answer
Explanation
Bailment uniquely involves delivery of goods without transfer of ownership, and consideration may be present (non-gratuitous bailment like hiring a locker) or absent (gratuitous bailment like lending a book to a friend). In sale contracts, consideration (price) is always essential. Option B is correct because bailment is the only contract type listed where consideration can be gratuitous. Option A is incorrect because sale always requires consideration, D is wrong because gratuitous bailment exists.