Which of the following is an example of a bailment

The most common example is availing locker services from banks, i.e., banks are the bailee, and the person keeping his belongings in such lockers is the bailor. They both agreed upon some consideration, i.e., bailor uses the locker, and in turn, bailee charges the consideration for providing such services.

Which of the following is true of a bailment?

Which of the following is true of bailments for the sole benefit of the bailee? Any loss or damage to bailed property due to no fault of the bailee falls on the owner.

Which of the following is not an example of a bailment quizlet?

Which of the following is not an example of a bailment? Giving the Patent Office drawings and designs to be kept on file.

What is an example of a bailment?

A legal relationship in which one party (bailor) leaves personal property in the possession, and under the temporary control, of another (bailee). Common examples include leaving a car in a parking garage, lodging a pet at a kennel, or storing household goods in a storage center.

What are the 3 types of bailments?

There are three types of bailments—those that benefit both parties, those that benefit only the bailor, and those that only benefit the bailee. Although the burden depends on the type of bailment, the bailee must always treat the bailor's property with a reasonable amount of care.