Bailment and Pledge- Multiple Choice Questions
1. The term “Bailment” means
A. A delivery of a thing entrusted for some special purpose or object upon a contract
B. Delivery of goods free of cost
C. Delivery of goods without cost for welfare of public
D. None of above
Answer – A
2. The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called
A. Indemnity
B. Bailment
C. Contingent Contract
D. None of above
Answer – B
3. In pledge contract, bailee is called
A. Pawnor
B. Pawnee
C. Pledger
D. None of above
Answer – B
4. In pledge, bailor is called
A. Pawnor
B. Pawnee
C. Both (a) and (b)
D. None of above
Answer – A
5. The Bailment of goods as security for payment of a debt or performance of a promise is called:
A. Pledge
B. Bailment
C. Contingent contract
D. Agreement
Answer – A
6. Bailment means ………..
(a) temporary delivery of goods
(b) permanent delivery of goods
(c) part delivery of goods
(d) None
Ans. (a)
7. In the contract of bailment the person delivering the goods is called ………
(a) bailor
(b) bailee
(c) seller
(d) agent
Ans. (a)
8. Lien means ………..
(a) to retain goods in his possession
(b) rights to sell the goods
(c) right to purchase the goods
(d) right to destroy the goods
Ans. (a)
9. When goods are lent to a person to be used by him on free of cost. That is ……….. contract.
(a) comodatum
(b) pawn
(c) hire
(d) gift
The meaning of COMMODATUM is a gratuitous loan of movable property to be used and returned by the borrower.
Ans. (a)
10. The person to whom goods are delivered temporally is ………
(a) baliee
(b) bailor
(c) purchaser
(d) user
Ans. (a)
11. When in transaction of Bailment comes to an end, the duty of transfer the goods lies upon whom ?
(a) Bailee
(b) Bailor
(c) Bailment
(d) Person
Ans. (a)
12. Commodatum is a one type of Bailment in which ………..
(a) no consideration is charged
(b) consideration is charged
(c) reimburse severance of expenses is include behind the assets
(d) none of these
Ans. (a)
13. The bailor is bound to disclose to the bailee ……….
(a) faults the goods
(b) price of goods
(c) weight of goods
(d) owner of goods
Ans. (a)
14. The finder of goods has right of ………
(a) lien
(b) purchase
(c) succession
(d) none
Ans. (a)
15. A finder of goods is subject to the same responsibility as that of a ……..
(a) bailee
(b) bailor
(c) surety
(d) purchaser
Ans. (a)
16. The bailment of goods as security for payment of a debt is called ………
(a) pledge
(b) bailment
(c) mortgage
(d) none of these
Ans. (a)
17. The bailment of goods as security for performance of a promise is called
(a) pledge
(b) bailment
(c) mortgage
(d) None of these
Ans. (a)
18. The pledge is a contract of ………..
(a) bailment
(b) agency
(c) guarantee
(d) mortgage
Ans. (a)
19. An agreement reached between a bailer and a bailee is
a) Mortgage
b) Bailout
c) Bailment
d) Codicil
Ans.c
20. In general all of the following are requirement for a bailment; except that the:
a) Bailor must be in possession of goods
b) Bailee must intent to possess goods
c) Bailee must return identical goods
d) Actual ownership of goods is necessary
Ans.d
21. A person who finds the goods belonging to others and takes them into his possession is called
a) Bailee
b) Bailor
c) Pledgor
d) Pawnee
Ans.a
22. Which are the rights of finder of goods
a) Rights of lien
b) Right to sue for reward
c) Right to sale
d) All of the above
Ans.d
23. The bailment of goods as security for payment of a debt or performance of a promise
a) Pledge
b) Lien
c) Agency
d) Bailment
Ans.a
24. Pledgee is also known as
a) Pawnee
b) Pawnor
c) Principal
d) Agent
Ans.a
25. Pledgor is also known as
a) Pawnor
b) Pawnee
c) Bailor
d) Agent
Ans.a
26. The term bailment is derived from a French word “bailor”, which means:
a) Depends
b) Deliver
c) Selling
d) Buying
Ans.b
27. The person delivering the goods for achieving some purpose and returned the same after completion is called
a) Bailee
b) Pledgee
c) Bailor
d) Agent
Ans.c
28. The person who delivered the goods for bailment process is called
a) Bailee
b) Bailor
c) Pawnor
d) Pawnee
Ans.b
29. When No consideration passes between the bailor and bailee, it is called
a) Non gratuitous bailment
b) Gratuitous bailment
c) Special bailment
d) Conditional bailment
Ans.b
30. Choose the correct one; Duties of bailor
a) To return the goods
b) To disclose known faults
c) Not to set up an adverse title
d) To return any accretion to the goods
Ans.b
31. Right of a person to retain possession of some goods belonging to another until some debts of the person in possession is satisfied
a) Pledge
b) Bailment
c) Lien
d) Guarantee
Ans.c
32. A gives B two suitcases to store for him while he is at a meeting. What is the correct relationship between A and B.
a) A is the bailee and B is the bailor
b) A is the bailor and B is the bailee
c) A and B are both bailees
d) A and B are both Bailor
Ans.b
33. Which of the following is not an example of bailment
a) A coat check
b) Valet parking
c) Dry cleaning
d) A gift given on birthday
Ans.d
34. An example of bailment without a contract is ——
a) Giving a vehicle in a workshop for repair
b) Giving something in courier
c) Finder of the lost goods
d) None of these.
Answer: c
35. A finder of goods is
a) Entitled to retain the goods
b) Entitled to claim compensation when specific reward is offered
c) Not entitled to claim compensation and thus not entitled to retain the goods
d) Both (A) and (B)
Answer: d
36. Which of the following are the rights of bailee?
a) Right of indemnity
b) Right of remuneration
c) Right of lien
d) All the above.
Answer: d
37. Which of the following are the rights of bailor?
a) Right to demand restoration of goods
b) Right to get increase or profit from goods bailed
c) Right to sue the bailee for the enforcement of the duties imposed upon a bailee
d) All the above.
Answer: d
38. Which of the following is not an example of bailment?
a) Giving clothes for dry-cleaning
b) Keeping property in mortgage
c) Giving clothes for tailoring
d) Giving book for reading
Answer: b
39. ———- entitles the bailee to retain those goods of the bailor for a general balance of the account.
a) Particular lien
b) General lien
c) Ownership
d) Pledge
Answer: b
