What is the bailment provision's definition according to Section 148? Question 9Answer a. Giving items to another person to be returned or disposed of after purpose is fulfilled b. Lending money with interest c. Selling goods under agreement d. Leasing property under a contract
The correct answer is:
a. Giving items to another person to be returned or disposed of after purpose is fulfilled
This definition aligns with the concept of bailment, which involves the transfer of possession of personal property from one party to another for a specific purpose, with the expectation that the property will be returned or otherwise disposed of once that purpose is fulfilled.