Law · Contract of Bailment
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: In a contract of bailment, the transfer of personal property from the bailor to the bailee includes the temporary transfer of actual ownership until the agreed-upon purpose is fulfilled. Reason R: A contract of bailment involves the temporary delivery of personal property from a bailor to a bailee for a specific purpose, such as repair or safekeeping, with the strict expectation of its eventual return or disposal according to directions. In the light of the above statements, choose the correct answer from the options given below:
- 1A is correct but R is not correct
- 2Both A and R are correct but R is NOT the correct explanation of A
- 3Both A and R are correct and R is the correct explanation of A
- 4A is not correct but R is correct✓
Correct answer
A is not correct but R is correct
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