CA Foundation Exam  >  CA Foundation Questions  >  A contract, where the possession of goods is ... Start Learning for Free
A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is called
  • a)
    sale
  • b)
    bailment
  • c)
    hire purchase
  • d)
    agreement to sell
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A contract, where the possession of goods is transferred by one party ...
Bailment is a contract in which goods are delivered from one person to another person for a particular purpose. But the ownership is not transferred. The goods have to be either returned or disposed as directed by the person one who gives it
Free Test
Community Answer
A contract, where the possession of goods is transferred by one party ...
Bailment
Explore Courses for CA Foundation exam
A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer?
Question Description
A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer?.
Solutions for A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is calleda)saleb)bailmentc)hire purchased)agreement to sellCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev