wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Where the bailee mixes the goods bailed with his own goods, with the bailor's consent, both of them shall have interest in _______.

A
Proportion to their shares in the mixture produced
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Proportion to 40:60 in the mixture produced
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Proportion to 60:40 in the mixture produced
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Proportion to their shares in the mixture produced
Section 155 of the Indian Contract Law, 1872, "Effect of mixture, with bailor’s consent, of his goods with bailee’s.—If the bailee, with the consent of the bailor, mixes the goods of the bailor with his own goods, the bailor and the bailee shall have an interest, in proportion to their respective shares, in the mixture thus produced."

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Calculating Interest on Capital
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon