CA Foundation Bailment and Pledge — practice questions
28 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Foundation Bailment and Pledge in the app →Under Section 148, 'bailment' is the delivery of goods by one person to another:In a contract of bailment, the person who delivers the goods is the ____ and the person who receives them is tWhich of the following can be the subject matter of a bailment?Depositing ornaments in a bank locker to which the customer keeps the key is:Handing over the keys of a car to a workshop for its repair is an example of:For a valid contract of bailment, consideration is:Under Section 150, in a gratuitous bailment the bailor is liable for damage caused by faults in the goods:Where goods are bailed for hire (non-gratuitous), the bailor is responsible for damage from faults in the goodUnder Section 158, in a gratuitous bailment where the bailee is to receive no remuneration, the bailor must reUnder Section 159, if a bailor terminates a gratuitous bailment before the agreed period and the bailee's lossUnder Section 151, a bailee must take care of the goods bailed:Under Section 152, where the bailee has taken the care required by Section 151, he is, in the absence of a speA hires a horse to ride to Varanasi but instead rides to Cuttack, where the horse is accidentally injured. A iUnder Section 153, if the bailee uses the goods inconsistently with the conditions of bailment, the contract iWhere a bailee, without the bailor's consent, mixes the bailed goods with his own and the goods CAN be separatWhere a bailee, without consent, mixes the bailed goods with his own so that they CANNOT be separated (SectionUnder Section 163, in the absence of a contrary contract, any increase or profit accruing from the bailed goodUnder Section 161, if the bailee fails to return the goods at the proper time through his default, he is:Under Section 165, where goods are bailed by several joint bailors, the bailee may, absent a contrary contractRegarding a finder of lost goods under Section 168, the finder:Under Section 169, a finder of a thing commonly sold may sell it (where the owner cannot be found or refuses lA particular lien under Section 170 entitles the bailee to:The right of general lien under Section 171 is available to:Which statement about general versus particular lien is correct?Under Section 172, a pledge is the bailment of goods as security for:Under Section 176, if the pawnor defaults, the pawnee may sue on the debt and retain the goods as collateral, Under Section 177, after default the pawnor's right to redeem the pledged goods:Under Section 178A, where the pawnor obtained the goods under a contract voidable for fraud/coercion that has