Question
What is the liability of bailee making unauthorized use
of goods bailed?Solution
Explanation: Section 154. Liability of bailee making unauthorized use of goods bailed: If the bailee makes any use of the goods bailed which is not according to the conditions of the bailment, he is liable to make compensation to the bailor for any damage arising to the goods from or during such use of them.
Which of the following completes the loop of this process?
What is the minimum net worth requirement for an SFB to transition into a Universal Bank as per the RBI guidelines?
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