Question

Please provide a brief answer to each of the following questions:

4. What are the different ways in which personal property can be obtained?

5. What is abandonment?

6. What is a bailment?

Answer 1

• → property, which are : As 4) There are different ways of obtaining obtaining personal •Trausfer of property in the form of ancestral blood line, ic property of grand parents or others. prinsitive India in the name of Good, several properties were given to the people who used to serve the temple by the king and zauidors and were commonly known as sewaits. With time they * Simply by buying someones property legally they a contract. * In 57 Abandonment is surrendering of a claim er. interest in a particulax asset Hondoyment in securities is the permitted withdrawal from a facunand contract made for the purchase of deliverable securities. Many instances, an option might not be morth oe profitable to implement. Hence, the purchases of the option lets it expire without lacting on it > Bailment is the legal process of transfer of transfer of ownership of a piece of property. For the custody of a piece of property rather than a a the neighbours, and their only obligation uude to feed the dog. The dog is allowed to roam free, but the dogs never be kuruly the neighbours and not liable for the loss of the dog. exa