What Feature Distinguishes Bailment from a Contract of Purchase and Sale

question 50

Multiple Choice

What feature distinguishes bailment from a contract of purchase and sale?

• A) Most commercial contracts are bailments,requiring payment for use of property.
• B) Most bailments are gratuitous,requiring no payment for use of property.
• C) A bailor retains ownership upon transfer of possession to the bailee.
• D) A bailment is typically short term,while contracts cover a longer term.

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