Saturday, April 30, 2011

Bailment Under CONTRACT Laws

1. Introduction:
Deposit a legal relationship that arises when a person is an agreement by which the former later return the property is subject to liability under the possession of another person means to deliver personal property.

2. Meaning:
Word baillment a French word 'baillior' is derived from the means to deliver.

3. Contract Act of 148 seconds, according to the definition:
"A bailment of goods by one person a contract that they will be the object returned or otherwise disposed of as directed by the person delivering them some purpose, for completion and delivery.

4. Contract of bailment parties:
There are two sides to a contract of bailment.

(A) bailer:
Who are called goods deriveds bailer.

Bailee (b)
Called the bailee to whom goods are received person.

5. Contract of bailment must:
The following is required of a contract of bailment.

Contract (I):
The deposit is a basic need.

(Ii) movable property:
Bailment property in the contract should be moveable.

Delivery of goods (III):
Delivery of goods under a contract must be for some purpose.

Change of occupation (IV):
Deposits from person to person in possession changes.

(V) specific PURPUSE:
Goods to another person for some specific purpose is.

Ownership (VI) is not CAHNGED:
Ownership does not change. The bailer to live.

Contract (vii) the parties:
There bailment bailor bailor and the two sides of the contract.

(Viii) to return:
Material properties should be returned to the owner or disposed of according to the direction of bailer.

6. Duties or responsibilities:
The following duty or responsibility to bailee.

Care of the goods (I)
Bailee to take care as much as man is to take good care of their own.

(II) per contract work:
According to the contract of bailment the bailee is working.

(III) to deny the title:
Bailee can not deny him the title of goods delivered.

(IV) bags Returns:
Return to duty of the bailee or bailor, or according to their instructions to deliver the goods.

At the appropriate time (V) returns:
Bailee goods must be returned at the appropriate time.

Profit returns (VI):
Bailee goods must be returned at the appropriate time.

(Vii) the proper use of materials:
He is duty bound to return profits to increase or bailee.

7. Bailee the right:
The following is the bailee's right.

Loss compensation (i)
A bailee is entitled to recover damages if he suffers no
Loss.

Compensation recovery (II):
Bailor to a bailee for any loss resulting from defects of title of the bailor is entitled to receive compensation.

Recovery of expenses (III):
Bailee of the deposit for any purpose has the right to recover all expenses.

Right (IV) to maintain:
Bailee for the right goods to the debtor to claim
Paid.

The right to compensation (V):
Any loss which is why the bailor was not entitled to make the deposit can be tolerated by the amount of compensation to the bailor is entitled to receive.

Rights against the third person (VI):
Wrong or good use of collateral if a third person denied the right bailee. He can file suit against a person.

The right to remuneration (VII):
He is entitled to provide services for the legal fees.

8. Conclusion:
To conclude I can say. The bailment of goods under the contract to deliver the person called bailee. He is working towards bailee accordingly. Bailor and bailee. Contract rights and duties under the Act.




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