Asked by Carlos Murray on May 26, 2024
Verified
The following are types of bailments for which a bailee is required to protect the goods from foreseeable harm:
A) gratuitous bailment.
B) bailment for reward.
C) bailment for the benefit of the bailee and the bailor.
D) bailment for reward and bailment for the benefit of the bailee and the bailor.
E) All of the responses are correct.
Foreseeable Harm
Damage or injury that a reasonable person should be able to predict or anticipate as a likely result of their actions or omissions in a given set of circumstances.
Gratuitous Bailment
A bailment relationship where the bailee agrees to hold goods without receiving any form of payment, purely out of goodwill.
Bailee
A bailee is a person or party who has been entrusted with the temporary possession of goods or property belonging to another (the bailor) without transfer of ownership.
- Separate different bailment types and explain their mandatory requirements.
- Evaluate the legal protections for goods under bailment agreements.
Verified Answer
OO
Osmar OrellanaMay 31, 2024
Final Answer :
E
Explanation :
In all types of bailments listed (gratuitous bailment, bailment for reward, and bailment for the benefit of both the bailee and the bailor), the bailee is required to protect the goods from foreseeable harm. This duty arises from the bailee's possession and control of the goods, regardless of the benefit derived from the bailment.
Learning Objectives
- Separate different bailment types and explain their mandatory requirements.
- Evaluate the legal protections for goods under bailment agreements.