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

discuss recent legislation related to ethical computing, Throughout this c...

Throughout this course, you have analyzed and discussed case studies and issues on key ethical issues in information technology. Now it is time to consider how these theories apply

Disadvantages of stare decisis , Disadvantages of Stare Decisis Over...

Disadvantages of Stare Decisis Over-subtlety or Artificiality However a judge is forced, but it were follow an earlier case that, his conscience may preclude him from

Companys debts, Companys debts: In case a company is unable to pay its...

Companys debts: In case a company is unable to pay its debts the creditors, or a creditor, may petition the High Court for an order to wind it up. During the winding up the me

Group accounts, Group Accounts: S.150(1) provides that if, at the end ...

Group Accounts: S.150(1) provides that if, at the end of its financial year, a company has subsidiaries, then it must include in its annual accounts "group accounts" dealing w

Transactions arising in a liquidation, Transactions Arising In A Liquidatio...

Transactions Arising In A Liquidation: In collection in and realisation of assets in order to pay the company's debts and then to distribute any surplus to members the liquida

Define the sources of international law 2, SOURCES OF INTERNATIONAL LAW ...

SOURCES OF INTERNATIONAL LAW Apart from Treaty and Customs, the Statute of International Court of Justice (ICJ) under its article 38 (1) mentions some other sources of internati

Contents of group accounts, Contents of Group Accounts: By s.152(1), t...

Contents of Group Accounts: By s.152(1), the group accounts laid before a company shall give a true and fair view of the state of affairs and profit or loss of the company and

Characteristics of unincorporated associations, Characteristics of Unincorp...

Characteristics of Unincorporated Associations However these are associations of persons that who associate to promote a common and lawful purpose.  Thus now they have no lega

What are the scope and limitations of administrative law, QUESTION 1 Wh...

QUESTION 1 What are the scope and limitations of administrative law? Is the demarcation clear? What are the criteria by which you would decide on which side of the line a case

Exceptions - authority of partners, Exceptions - Authority of Partners ...

Exceptions - Authority of Partners The rule stated is a general rule, such there are a few exceptions for it.  Hence the chief of these exceptions are as follow: like; (a)

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