Multiple choice

In case of bailment,

  1. property in goods passes to the bailee at the time of contract

  2. property in goods passes to the bailee upon the payment of the last installment

  3. property in goods can pass to the bailee at any time after the contract

  4. property in goods does not pass to the bailee and instead there is transfer of possession of goods takes place from bailor to the bailee for a specific reason

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Bailment involves the transfer of possession, not ownership or property. When goods are bailed, the bailee receives possession for a specific purpose and must return them, but ownership remains with the bailor. Options A, B, and C are incorrect because bailment never involves transfer of property - it is specifically about temporary transfer of possession for a particular reason.