A bailment is a special form of a sale of goods in which possession is transferred to a bailee.

Name: A bailment is a special form of a sale of goods in which possession is transferred to a bailee.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

A bailment involves the transfer of possession of goods from one person (the bailor) to another (the bailee) for a specific purpose, without transferring ownership, unlike a sale where ownership is transferred.

A Bailment Is a Special Form of a Sale of Goods