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

Law of business organization, Assignments submitted after the due date in t...

Assignments submitted after the due date in the absence of an extension will incur a marking penalty. An extension must be applied for in writing before the due date. Extension app

Determine the term - fixed exchange rates, Determine the term - Fixed Excha...

Determine the term - Fixed Exchange Rates With a fixed exchange rate adjustment toward long run equilibrium occurs via monetary effects. This effect is shown in Figure 9.1. At

Loans given for necessaries - void contracts, Loans Given for Necessaries -...

Loans Given for Necessaries - Void Contracts       It may happen that an infant asks someone to a loan for buy necessaries like school uniforms or textbooks.  Therefore the per

Determine the levels of policy perspective, Determine the levels of Policy ...

Determine the levels of Policy perspective Policy perspective, analysis can be made on three levels, state-system level, the nation-state level and the decision making level. T

Describe urys stages-strategy, Question 1: i) What are the main charac...

Question 1: i) What are the main characteristics of good faith bargaining? ii) What are the main criteria used in the US labour relations system to test good faith bargain

Take-over bid, TAKE-OVER BID:                   If Company A ("the t...

TAKE-OVER BID:                   If Company A ("the transferee company") offers to acquire shares of Company B ("the transferor") and the scheme or contract to which the off

Difference fixed and floating charge, Part A Companies can raise fina...

Part A Companies can raise finance by borrowing money and securing the debt by way of fixed or floating charge. Using case law in your answer explain what is the distinction b

Common law rules, Common law rules: The above common law rules have be...

Common law rules: The above common law rules have been modified by the following statutory provisions:  VOID ALLOTMENTS a) S.50 A renders an allotment void if it was mad

Assignment of share in partnership, Assignment of Share in Partnership ...

Assignment of Share in Partnership Whereas as has been stated, never new partner may be bring in without the consent of all other partners as well like accordingly no partner

How are the commissioners appointed, QUESTION (i) (a) What is the compo...

QUESTION (i) (a) What is the composition of the Public Service Commission?     (b) How are the commissioners appointed? (ii) (a) What is the composition of the Judicial 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