BRF QUIZ

The term “Bailment” means

• A delivery of a thing entrusted for some special purpose or object upon a contract

• Delivery of goods free of cost

• Delivery of goods without cost for welfare of public

• none of the above

Who is protected under the contract of guarantee ?

• guarantor

• creditor

• third party

• debtor

Whose consent is necessary in the contract of guarantee

• surety

• creditor

• debtor

• all the above

The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called

• indemnity

• bailment

• contingent contract

• none of the above

  er

In pledge contract, bailee is called

• pawnor

• pawnee

• pledger

• none of th above

The person in respect of whose default, the guarantee is given is called ………..

• principal debtor

• principal creditor

• principal surety

• principal bailee

The guarantee of single transaction is ………..

• general guarantee

• continuous guarantee

• implied guarantee

• none of these

When in transaction of Bailment comes to an end, the duty of transfer the goods lies upon whom ?

• Bailee

• Bailor

• Bailment

• Person

An agreement reached between a bailer and a bailee is

• Mortgage

• Bailout

• Bailment

• Codicil

Pledgee is also known as

• Pawnee

• Pawnor

• Principal

• agent