New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    A gratuitous bailor is duty bound to

    ____________
    A Disclose to the bailee faults in the goods bailed which bailor is aware of Correct Answer Incorrect Answer
    B Disclose the defects which are immaterial Correct Answer Incorrect Answer
    C Disclose the faults which may not expose the bailee to extraordinary risks Correct Answer Incorrect Answer
    D Disclose to the bailee a list of all possible faults which may or may not be present in goods but may arise in future. Correct Answer Incorrect Answer
    E Disclose to the bailee the things bailee should be careful about Correct Answer Incorrect Answer

    Solution

    Section 150. Bailor's duty to disclose faults in goods bailed- The bailor is bound to disclose to the bailee faults in the goods bailed, of which the bailor is aware, and which materially interfere with the use of them, or expose the bailee to extraordinary risks; and if he does not make such disclosure, he is responsible for damage arising to the bailee directly from such faults Snapshoot –Topic covered in Study Notes for SEBI Legal Course of ixamBee

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