All Courses
Get the App Signup / Login
Sign in Open App
Judiciary Exams Exam  >  Judiciary Exams Tests  >  Civil Law for Judiciary Exams  >  Test: Concept of Bailment - Judiciary Exams MCQ

Test: Concept of Bailment - Judiciary Exams MCQ


Test Description

20 Questions MCQ Test Civil Law for Judiciary Exams - Test: Concept of Bailment

Test: Concept of Bailment for Judiciary Exams 2024 is part of Civil Law for Judiciary Exams preparation. The Test: Concept of Bailment questions and answers have been prepared according to the Judiciary Exams exam syllabus.The Test: Concept of Bailment MCQs are made for Judiciary Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Concept of Bailment below.
Solutions of Test: Concept of Bailment questions in English are available as part of our Civil Law for Judiciary Exams for Judiciary Exams & Test: Concept of Bailment solutions in Hindi for Civil Law for Judiciary Exams course. Download more important topics, notes, lectures and mock test series for Judiciary Exams Exam by signing up for free. Attempt Test: Concept of Bailment | 20 questions in 20 minutes | Mock test for Judiciary Exams preparation | Free important questions MCQ to study Civil Law for Judiciary Exams for Judiciary Exams Exam | Download free PDF with solutions
Test: Concept of Bailment - Question 1
Save

In a contract of bailment, what defines the obligation between two or more persons?

Detailed Solution for Test: Concept of Bailment - Question 1
In a contract of bailment, the agreement creating and defining an obligation between two or more persons is referred to as the contract. This agreement can be expressed or implied, and it establishes the terms and conditions governing the bailment relationship. Understanding the contract in a bailment scenario is crucial as it outlines the responsibilities and rights of both the bailor and the bailee.
Test: Concept of Bailment - Question 2
Save

What is the primary reason goods are delivered in a contract of bailment?

Detailed Solution for Test: Concept of Bailment - Question 2
Goods are typically delivered in a contract of bailment for specific, temporary reasons such as safekeeping. This means that the goods are transferred from one party to another with the purpose of being kept secure for a certain period or until a particular event occurs. Safekeeping is a fundamental aspect of bailment agreements, ensuring that the goods are protected and preserved according to the terms agreed upon between the bailor and the bailee.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Concept of Bailment - Question 3
Save

What is the primary obligation of a bailee in a contract of bailment?

Detailed Solution for Test: Concept of Bailment - Question 3
In a contract of bailment, the primary obligation of a bailee is to return the goods after the purpose is fulfilled or dispose of them according to the instructions provided by the bailor. This is a fundamental aspect of the relationship between the bailor and the bailee, ensuring that the goods are handled appropriately and returned to the rightful owner upon completion of the agreed-upon purpose.
Test: Concept of Bailment - Question 4
Save
What is a key requirement for a contract of bailment to be valid?
Detailed Solution for Test: Concept of Bailment - Question 4
In a contract of bailment, one crucial requirement is that the delivery of goods must be voluntary and in accordance with the contract. This ensures that there is a clear agreement between the bailor and bailee regarding the terms of the bailment. Remember, in bailment, the ownership of goods remains with the bailor, and the goods are handed over to the bailee for a specific purpose or duration.
Test: Concept of Bailment - Question 5
Save
What distinguishes a contract of pledge from a contract of bailment?
Detailed Solution for Test: Concept of Bailment - Question 5
One key difference between a contract of pledge and a contract of bailment is that in a pledge, goods are given as security for debt repayment. Unlike in bailment where the goods are typically returned or kept for safekeeping, a pledge involves the goods serving as security against a loan. This distinction highlights the financial aspect of a pledge, where the goods act as collateral until the debt is repaid.
Test: Concept of Bailment - Question 6
Save
In a non-gratuitous bailment where no payment is involved, what is the responsibility of the bailor?
Detailed Solution for Test: Concept of Bailment - Question 6
In a non-gratuitous bailment without payment, the bailor is responsible for indemnifying the loss of the bailee. This means that the bailor must compensate the bailee for any losses incurred during the bailment period. This duty ensures that the bailee is protected in cases where they suffer losses while in possession of the goods entrusted to them by the bailor.
Test: Concept of Bailment - Question 7
Save
When a friend lends another friend a bike for temporary use, what type of bailment is established?
Detailed Solution for Test: Concept of Bailment - Question 7
When a friend lends another friend a bike for temporary use, a gratuitous bailment is established. In this type of bailment, the bailee (the friend borrowing the bike) receives the benefit of using the item without providing any compensation to the bailor (the friend lending the bike). This arrangement is solely beneficial to the bailee without any expectation of payment or compensation.
Test: Concept of Bailment - Question 8
Save
What is the primary duty of a bailee in a bailment agreement?
Detailed Solution for Test: Concept of Bailment - Question 8
The primary duty of a bailee in a bailment agreement is to exercise reasonable care over the bailed goods. This duty requires the bailee to take care of the goods as a prudent individual would care for their own goods of similar nature and value. By fulfilling this duty, the bailee ensures that the goods are protected and maintained during the bailment period.
Test: Concept of Bailment - Question 9
Save
What is the consequence if a bailee makes unauthorized use of the goods bailed to them?
Detailed Solution for Test: Concept of Bailment - Question 9
If a bailee makes unauthorized use of the goods bailed to them, they are liable for any damage resulting from such unauthorized use. This duty emphasizes the importance of respecting the terms of the bailment agreement and using the bailed goods only for the purposes specified by the bailor. Unauthorized use can lead to damage or loss of the goods, for which the bailee holds responsibility.
Test: Concept of Bailment - Question 10
Save
What right does the bailor hold in the contract of bailment that allows them to demand the return of goods at any time, especially in cases of gratuitous bailment?
Detailed Solution for Test: Concept of Bailment - Question 10
In a contract of bailment, the bailor possesses the right to request the return of goods at any time, particularly in instances of gratuitous bailment. This right enables the bailor to reclaim the goods even if they were initially lent for a specific purpose or duration. However, in such scenarios, the bailor may be required to compensate the bailee for losses that exceed the benefits gained from the bailment.
Test: Concept of Bailment - Question 11
Save
What right entitles the Bailee to seek compensation if a bailment is terminated prematurely?
Detailed Solution for Test: Concept of Bailment - Question 11
The right to compensation for premature termination allows the Bailee to be compensated for any loss incurred if a bailment is ended before its intended time. This right ensures that the Bailee is protected in situations where a bailment is unexpectedly terminated, providing a form of financial security in such circumstances.
Test: Concept of Bailment - Question 12
Save
Which right allows the bailor to take legal action against the bailee in order to enforce the responsibilities and duties owed by the bailee in a contract of bailment?
Detailed Solution for Test: Concept of Bailment - Question 12
The right to enforce the bailee's duties grants the bailor the authority to initiate legal proceedings against the bailee to ensure that the responsibilities and obligations of the bailee, as outlined in the contract of bailment, are fulfilled. This right empowers the bailor to uphold the terms of the agreement and seek recourse in case of any breaches or negligence by the bailee.
Test: Concept of Bailment - Question 13
Save
In a case of gratuitous bailment, what right does the Bailee have regarding expenses incurred during the bailment period?
Detailed Solution for Test: Concept of Bailment - Question 13
The right to recover expenses in cases of gratuitous bailment allows the Bailee to request reimbursement for necessary expenses that were incurred during the bailment period. This right ensures that the Bailee is not unfairly burdened with expenses that were essential for the safekeeping or use of the bailed goods, maintaining a fair balance of responsibilities between the parties involved in the bailment agreement.
Test: Concept of Bailment - Question 14
Save
What is the right that allows a finder to keep goods until the owner is located and a reward is given?
Detailed Solution for Test: Concept of Bailment - Question 14
The right to retain goods grants the finder the authority to keep the goods until the original owner is located and a reward is provided. This right ensures that the finder can hold onto the goods against anyone until the owner is identified. However, it's important to note that the finder cannot legally demand compensation from the owner for any trouble or expenses incurred in preserving the goods or finding the owner.
Test: Concept of Bailment - Question 15
Save
When can a finder sell goods that have been found?
Detailed Solution for Test: Concept of Bailment - Question 15
The right to sell goods comes into play when the found item is commonly sold, and either the owner cannot be located or declines to pay the lawful charges to the finder. In such circumstances, the finder has the right to sell the goods as a means to handle the situation appropriately. This right ensures that if the owner is unresponsive or cannot be found, the finder can proceed with selling the item under specific legal conditions.
Test: Concept of Bailment - Question 16
Save
What right does a finder have if they find a valuable antique item with no identification and efforts to locate the owner fail, provided legal conditions are met?
Detailed Solution for Test: Concept of Bailment - Question 16
When a finder discovers a valuable antique item with no identification and all attempts to find the owner prove unsuccessful, they may have the right to sell the item if legal conditions are met. This ensures that the finder can handle the situation appropriately and benefit from their discovery within the boundaries of the law.
Test: Concept of Bailment - Question 17
Save
Under what circumstances does a finder have the right to withhold goods until receiving reasonable compensation for expenses related to preserving the goods and locating the owner?
Detailed Solution for Test: Concept of Bailment - Question 17
According to Section 168 of the Indian Contract Act, 1872, a finder has the right to withhold goods until receiving fair compensation for expenses related to preserving the goods and efforts made to locate the owner. This provision ensures that finders are compensated for their efforts and costs incurred during the process of finding and safeguarding lost items.
Test: Concept of Bailment - Question 18
Save
What is one critical action that the finder must avoid when dealing with discovered goods?
Detailed Solution for Test: Concept of Bailment - Question 18
One crucial action that the finder must avoid when dealing with discovered goods is using the goods for personal purposes. This prohibition is essential to prevent unauthorized use of the found items and to ensure that the finder does not benefit personally from someone else's property. By refraining from using the discovered goods, the finder upholds their duty to care for the items until they can be rightfully returned to their owner.
Test: Concept of Bailment - Question 19
Save
In the realm of contracts of bailment, under what circumstances does the termination of a contract typically occur?
Detailed Solution for Test: Concept of Bailment - Question 19
In contracts of bailment, termination usually occurs under various circumstances, one of which is when the contract is established for a specific duration, leading to its natural conclusion upon the expiration of the set period. This termination criterion ensures that both the bailor and bailee have a clear understanding of the agreement's duration, rights, and obligations.
Test: Concept of Bailment - Question 20
Save
What event results in the termination of a contract of bailment if it occurs during the agreement?
Detailed Solution for Test: Concept of Bailment - Question 20
The unfortunate event of the death of either the bailor or bailee leads to the termination of the contract of bailment. This termination is a legal consequence of the inability to fulfill the terms of the agreement due to the demise of one of the involved parties. The death of either the bailor or bailee fundamentally changes the dynamics of the contract, necessitating its termination as the agreement can no longer be carried out as initially intended.
253 docs|259 tests
Join Course
Information about Test: Concept of Bailment Page
In this test you can find the Exam questions for Test: Concept of Bailment solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Concept of Bailment, EduRev gives you an ample number of Online tests for practice

Top Courses for Judiciary Exams

Download as PDF

Top Courses for Judiciary Exams

Important Questions for Concept of Bailment

Find all the important questions for Concept of Bailment at EduRev.Get fully prepared for Concept of Bailment with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Concept of Bailment syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Concept of Bailment resources.

Concept of Bailment MCQs with Answers

Prepare for the Concept of Bailment within the Judiciary Exams exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Concept of Bailment Civil Law for Judiciary Exams

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Concept of Bailment with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup