BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The duty of the bailee is to return the goods without demand on the accomplishment of the purpose or the expiration of the time period. In case of his failure to do so, he shall be liable for the loss, destruction, deterioration, damages or destruction of goods even without negligence.

Detailed explanation-2: -Duty to take Reasonable Care – Section 151 of the Act provides that in all cases of bailment the bailee is bound to take as much care of the goods bailed to him as a man of ordinary prudence would, under similar circumstances, take of his own goods of the same bulk, quality and value as the goods bailed.

Detailed explanation-3: -the bailee’s duties are based on a mixture of tort law and contract law and include two basic responsibilities: (1) to take appropriate care of the property, (2) to surrender the property to the bailor or dispose of it in accordance with the bailor’s instructions at the end of the bailment.

Detailed explanation-4: -1. Right to recover charges:-If the bailment is non-gratuitous, Bailee has right to recover agreed charges. If charges is not fix or agreed. Then Bailee can recover reasonable charges or charge which is charged by other bailee.

Detailed explanation-5: -The bailor has a right to receive the bailed goods upon expiry of contract. However, in case of a gratuitous bailment, the bailor can redeem the goods before the expiry of the contract. In any such situation, if the bailee incurs loss due to early return of the goods, the bailor is liable for the same.