Parties to a Bailment Contract Can Limit or Expand the Liability

question 36

True/False

Parties to a bailment contract can limit or expand the liability of the bailee by contract.

---

Definitions:

Strict Liability

A legal doctrine holding an individual or entity liable for damages or injuries caused by their actions, regardless of fault or intent.

402A

A section of the Restatement (Second) of Torts that outlines the principle of strict liability for harm caused by defective products.

Safety Shielding

Protective measures or devices designed to prevent accidents or injuries in various environments, especially those involving machinery, equipment, or hazardous materials.

Implied Warranty

A legal assumption that a product will meet basic quality and functionality standards even if not explicitly stated.