Asked by
Flexico Niejah
on Nov 28, 2024Verified
Leo borrows Mae's car to drive Nina to the airport. Considering the purpose of the bailment, Leo has the right to
A) compensation from Nina.
B) reimbursement from Mae for any parking costs.
C) use the bailed property.
D) none of the choices.
Bailment
A legal relationship in which physical possession of personal property is transferred from one person to another, who subsequently holds the property for a certain purpose under an agreement.
Bailed Property
Personal property that has been transferred to another under a bailment agreement, where the receiver has a duty to return or handle the property as directed.
Compensation
Payment or benefit given, often to employees or in settlement of a claim, for services rendered, loss suffered, or injury incurred.
- Assess the roles and legal entitlements in various instances of bailment.
Verified Answer
YR
Learning Objectives
- Assess the roles and legal entitlements in various instances of bailment.