Commentary

60.4 Conducting the sale

BAILMENT vol 3(1)
BAILMENT vol 3(1) | Commentary

60.4 Conducting the sale

BAILMENT vol 3(1) | Commentary

60.4 Conducting the sale

A bailee who exercises his power to sell under the Torts (Interference with Goods) Act 1977 Section 12(3) must account to the bailor for the proceeds of the sale after deducting any expenses1. The account must be taken on the footing that the bailee should have adopted the best method of sale reasonably available in the circumstances2. The bailee may also deduct any sum which is payable by the bailor to the bailee in respect of the goods and which ‘accrued due’ before the bailee gave notice of his intention to sell

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