Types and Kinds of Bailment

The capital types of bailment are accustomed below:

1. Chargeless Bailment:

Where the bailee does not allegation nay affair for the bailment it is alleged chargeless bailment.

2. Bailment for Reward:

When the bailor accuse any affair for his casework it is alleged bailment for rewards.

3. Bailment for Use:

When the bailor delivers an commodity to the bailee for use by the after in any accepted or specific way, this is alleged a bailment for use.

Illustration

X delivers his watch to Y for the closing to use it for one month. Here bailment is bailment for used.

4. Bailment of safe custody:

If valueable appurtenances or even bill or addendum in box are deposited for protection, it is alleged bailment for safe custody.

Illustration

X gives his watch to Y for the closing to accumulate it in safe aegis for two months.

5. Bailment for Alternate Benefit:

When the bailor delivers his online writing to addition for adjustment or gives his appurtenances to carrier for carriage, it is accepted as bailment for alternate benefit.

6. Bailment for Pledge:

It is a arrangement whereby an commodity is deposited with a lender as aegis for the transaction of a accommodation or achievement of a promise.

7. Bailment for Finding of absent Goods:

If a being already in control of the absent appurtenances of another, he thereby becomes the bailee and the buyer becomes the bailor.