What Is Most Likely to Result If a Bailment Is

question 54

Multiple Choice

What is most likely to result if a bailment is without reward and for the benefit of the person possessing the property?

• A) The bailor's standard of care will be low.
• B) The bailee's standard of care will be low.
• C) The bailor's standard of care will be very high.
• D) The bailee's standard of care will be very high.

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Definitions:

Special Agents

Individuals authorized to conduct specific acts or transactions on behalf of another person or entity, with their authority typically limited to a particular or singular task.

Gratuitous Agents

Individuals who voluntarily act on behalf of someone else without receiving any compensation in return.

Capacity

The legal ability or competency of an individual or entity to enter into binding contracts, including being of legal age and sound mind.

Delegable Obligations

Responsibilities or duties that can be transferred from one party to another, typically within a contract or legal agreement.