Asked by Ashreet Dhiman on May 26, 2024
Verified
Compare and contrast the nature of bailments between private carriers and common carriers.
Private Carriers
Transportation entities that transport goods or passengers exclusively for their own company's needs, as opposed to public carriers that offer services to the general public.
Bailments
Bailments refer to the process of placing personal property in the temporary custody or control of another, with the expectation of its return or disposal as per agreement.
Common Carriers
Businesses that offer transportation services to the public for goods or passengers under regulatory and licensing requirements.
- Gain understanding of the legal concepts related to bailment and the liabilities faced by bailees.
- Identify the distinct functions and accountabilities of private versus common carriers in matters of bailment.
Verified Answer
MS
Learning Objectives
- Gain understanding of the legal concepts related to bailment and the liabilities faced by bailees.
- Identify the distinct functions and accountabilities of private versus common carriers in matters of bailment.