Examlex
According to Max Weber,______________is the process by which traditional methods of social organization,characterized by informality and spontaneity,are gradually replaced by efficiently administered formal rules and procedures.
Bailee
A person or entity to whom personal property is delivered for a specified purpose without transfer of ownership.
Transfer Of Possession
The act of moving control or ownership of an asset from one party to another.
Bailee
A Bailee is a person or entity that has temporary possession of someone else's property under a bailment agreement.
Bailor
A bailor is a person or entity that entrusts their property to another (the bailee) under a bailment agreement, where the property is to be returned or otherwise disposed of according to the bailment terms.
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