A person (A) sells his watch to another person say (B) on sale or return basis. And later on (B) gives his watch to (C) on sale or return basis. C lost the watch. Who will pay for the loss ?
1 Replies
CA CS CIMA Prakash Somani
(Landmark Group)
(23507 Points)
Replied 19 July 2012
The one who lost the watch i.e. C will bear loss happen to B and B will be responcible to A as A & B are the party in first case and C has not relevance with A
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