A Bailment for a Fixed Term Terminates at the End

question 110

True/False

A bailment for a fixed term terminates at the end of the term,or sooner by the mutual consent of the parties.

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its large economy and influential cultural and political role globally.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.

Unions

Organizations formed by workers to protect their rights and interests, often engaging in collective bargaining.

Terms of Employment

The conditions under which an employee works, including hours, salary, benefits, and responsibilities.