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 ?
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Urgent law please
Replies (4)
C has lost the watch so on sale or return basis if debtor would not returned the good within stipulated time it is considered that he i. e. C has accepted good though he has lost it. All the risk and reward is considered to be tranferred to him therefore C should pay. if anything contary explanation do share with me.
ARE U SURE ?????
| Originally posted by : SAURABH DILIP JOSHI | ||
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C has lost the watch so on sale or return basis if debtor would not returned the good within stipulated time it is considered that he i. e. C has accepted good though he has lost it. All the risk and reward is considered to be tranferred to him therefore C should pay. if anything contary explanation do share with me. |
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I AGREE WITH MR JOSHI.
damn sure ?
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