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Commercial Law: Law of Bailment Notes

Institution: College

Course: Diploma in Business Management

Content Category: Lecture Notes

Posted By: colyn

Document Type: PDF

Number of Pages: 3

Price: KES 20
 
    

Views: 856     Downloads: 8

Summary

The document contain notes on law of bailment,
Contents:
- Duties of bailor
- Duties of bailee
- Types of bailment

Overview:
LAW OF BAILMENT
A bailment is a common law transaction cos contracts whereby one person called the bailor delivers his property in his possession to another person called the bailee for a particular purpose on condition that offer such purpose has been fulfilled
The property is redelivered to the bailor or dealt with in accordance with the bailors instructions. This if
A enters into a contract of carriage with B a bus conductor under while B is to carry A'S goods up to their destination and for this purpose the goods are handed over to B, there's a contract of bailment in which A 's is the bailor and B 's the bailee.
TYPES OF BAILMENT
There are two main types of bailment
1. Gratuitors bailment
is one which is not supported by consideration at all.
2. Bailment for reward
it is one which is supported with the same consideration
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