SALE AND BAILMENT



 Sale and Bailment:

 A‘bailment’ is the delivery of goods for some specific purpose under a contract on the condition that the same goods are to be returned to the bailor or are to be disposed ou according to the directions of the bailor. Provisions related to bailment are regulated by the Indian Contract Act, 1872.
The diuerence between bailment and sale may be clearly understood by studying the following:

Basis of difference
Sale
Bailment
Transfer of property
The property in goods is transferred from the seller to the buyer.
There is only transfer of possession of goods from the bailor to the bailee for any of the reasons like safe custody, carriage etc.
Return of goods
The return of goods in  contract  of  sale is not possible.
The bailee must return the goods to the bailor on the accomplishment of the purpose for which the bailment
was made.
Consideration
The consideration is the price in
terms of money.
The consideration may be gratuitous
or non-gratuitous.

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