Question
Download Solution PDFDuties of bailor include
A. Take care of goods
B. Bear extraordinary expenses
C. Return accretion to the goods
D. Indemnify the bailee
E. Disclose known faults
Choose the correct answer from the options given below:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer B, D and E only.
Key Points
- Bear extraordinary expenses: It's the bailor's responsibility to cover any exceptional expenses incurred in connection with the bailed goods.
- Indemnify the bailee: The bailor has the duty to safeguard the bailee from any losses that may arise due to the defects in the bailed goods that he/she was unaware of.
- Disclose known faults: If there are any known defects in the goods that could potentially cause harm, it's the bailor's duty to inform the bailee. Failure to do so means the bailor is responsible for damage caused to the bailee.
- Return accretion to the goods: Technically, this is not a responsibility of the bailor under traditional bailment concepts. Accretions or any kind of benefits or profits derived from the goods generally go to the bailee unless there's a different agreement in place.
- Take care of goods: This is generally the responsibility of the bailee who has temporary possession of the bailed goods, not the bailor.
Last updated on Jun 6, 2025
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