Asked by
TheReal Gabby
on Nov 28, 2024Verified
A bailment cannot arise without the bailor's voluntary delivery of the property to the bailee.
Bailment
A legal relationship where physical possession of personal property is transferred from one party to another, under the agreement that the property will be returned.
Bailor
One who entrusts goods to a bailee.
Bailee
A person or entity that has temporary possession of personal property belonging to another under a bailment agreement.
- Familiarize oneself with the legislation surrounding the termination of a bailment.
Verified Answer
KJ
Learning Objectives
- Familiarize oneself with the legislation surrounding the termination of a bailment.
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