When a Bailor Sues the Bailee for Damages to the Bailed

question 26

Multiple Choice

When a bailor sues the bailee for damages to the bailed property, who has the burden of proving fault and that such fault was the proximate cause of the bailor's loss?

• A) the person in possession of the property
• B) the bailor
• C) the bailee
• D) the jury

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Definitions:

Payoff

The return or outcome received from an investment or decision, which can be positive (profit) or negative (loss).

Risky Undertaking

An action or project that involves a significant chance of failure or loss.

Expected Value

In statistics, Expected Value refers to the sum of all possible values each multiplied by the probability of its occurrence, offering a measure of the center of distribution of a variable.

Net Profit

The total earnings minus the costs and expenses of a business or investment, indicating the actual profit made.