Examlex
Which of the following senses conveys more information than any of the others?
Gratuitous Bailment
A bailment where the bailor lends an item to the bailee without expecting payment, the bailee is thus under a duty to return the item.
Consideration
The value, which could be in the form of money, a promise, or effort, given in exchange for a contractual agreement.
Strict-Liability
A legal concept where a party is liable for damages caused by their actions, regardless of fault or intent, often applied in product liability cases.
Common Law
Also known as case law.
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