Asked by Daman Preet Dhillon on May 28, 2024
Verified
A bailee has no right to limit his or her liability for loss or damage to the bailed goods because it would contravene public policy.
Public Policy
The principles, often unwritten, on which social laws are based, guiding the governing bodies in their management and administration of the nation.
Bailee
An individual or entity given temporary custody of someone else's property under a bailment agreement.
Liability
The state of being legally responsible for something, often referring to the obligation to repay debts or to compensate for loss or damage.
- Identify the effects of negligence and the limitation of liability in bailment relationships.
Verified Answer
Learning Objectives
- Identify the effects of negligence and the limitation of liability in bailment relationships.
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