What are the 3 types of bailment?
There are three types of bailments—those that benefit both parties, those that benefit only the bailor, and those that only benefit the bailee.
What is the bailment agreement?
The process whereby a part is loaned to a recipient with the agreement that the part will be returned at an appointed time. The government retains legal title to such material even though the borrowing organization has possession during the stated period.
Which of the following is a bailment plus agreement to?
Hire purchase agreement is bailment plus agreement to sell.
Which of the following is an example of a bailment?
Contracts for the lease of a car, for sale of goods on consignment, and for the transport of goods are examples of bailments.