Bailment – negotiable instrument, Business Law and Ethics

Assignment Help:

Bailment – Negotiable Instrument

Whether Sir William Jones has specified the subsequent definition of bailment: like

"A delivery of goods on trust on a contract, such express or implied, such the trust shall be duly executed, and such the goods re-delivered well soon like the time or utilization for that they were bailed shall have elapsed or may been performed". Therefore it must, be borne in mind such sicne for the most part a bailment does arise below a contract, implied or express, such there are cases of bailment arising lacking any agreement between here the parties. Because there is the case of involuntary bailment like e.g. whether unknown to as X, A slips in X's pocket a packet of diamonds that belongs to B. X, on discovering this, such has a certain duty of care imposed on him through the law. Although he is not entitled such to like damage or like to dispose of the diamonds, or else he will be as liable just for pay damages. Therefore it cannot be contended such the bailment that was thrust on X lacking his acquaintance arose from any agreement, like express or implied, such the above definition would suggest there.


Related Discussions:- Bailment – negotiable instrument

Executions take place using a lethal injection, Most executions take place ...

Most executions take place using a lethal injection.  The company that manufactures the drug that is most used has now announced that it is choosing to no longer produce that drug.

Capacity - element of contract, Capacity - Element of Contract Capac...

Capacity - Element of Contract Capacity to Contract However 'capacity' may be described like the legally documented right of a person to enter with a legally binding ag

Explain economic and social council, Economic and Social Council The Ec...

Economic and Social Council The Economic and Social Council (ECOSOC) is a specialized organ of the United Nations and was established, inter alia, to monitor and regulate human

Fraudulent trading, Fraudulent Trading: Under s.323, if the court find...

Fraudulent Trading: Under s.323, if the court finds that the business of a company in liquidation has been carried on with intent to defraud creditors or for any fraudulent pu

International competition law, International Competition Law -  Select...

International Competition Law -  Select a specific industry or corporation and analyse the factors that determine a competitive or anticompetitive outcome; - Factors such a

Collecting banker, Collecting Banker Furthermore a collecting banker i...

Collecting Banker Furthermore a collecting banker is protected through the following provisions: like; (i)Bills of Exchange or Swap Act.  with S.82 (1) provides such a ban

Determine the term - real income effects, Determine the term - Real Income ...

Determine the term - Real Income Effects This linkage between countries takes place through the current account of the balance of payments. It occurs when a change in one count

Defects in appointment - company management, Defects in Appointment: S...

Defects in Appointment: S.181 provides that a director's acts shall be valid despite any defect that may afterwards be discovered in his appointment or qualification. This pro

Determine the case against coordination, Determine the Case against Coordin...

Determine the Case against Coordination Coming again to EMU platform we find some arguments against coordination also. For example, the core of the argument against coordinatio

What is the meaning of conciliation, (a) Section 63 of the Employment Rela...

(a) Section 63 of the Employment Relations Act provides as follows: "The parties to a labour dispute may jointly refer such dispute for voluntary arbitration to the Tribunal or

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd