Multiple choice

The contract of bailment is different from sale as it involves

  1. transfer of ownership and possession

  2. transfer of ownership only

  3. transfer of possession only

  4. transfer of none

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

Option (3) is correct: The contract of bailment is different from sale as bailment includes transfer of possession only whereas sale includes transfer of ownership and possession both.