Which of the Following Statements Is True of Bailments

question 84

Multiple Choice

Which of the following statements is true of bailments?

• A) The person who transfers possession of personal property to another is the bailee.
• B) If the bailment is for the mutual benefit of both parties, the bailee is liable for damage to the property caused by the bailee's gross negligence.
• C) If the bailment is for the mutual benefit of both parties, then both the bailor and the bailee share responsibility for the damages due to negligence.
• D) The parties to a contract cannot limit the liability of the bailee.

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