Which of the Following Statements Is True About Bailment

question 37

Multiple Choice

Which of the following statements is true about bailment?

• A) In a bailment for the sole benefit of the bailee, the possessor of the object is known as the bailor.
• B) In a bailment, the possessor of the object is predominantly the owner.
• C) In the business world, most bailments are of mutual benefit to both parties.
• D) In a mutual benefit bailment, the bailee is under a duty to use high care in taking care of the object in possession.
• E) In a bailment for the sole benefit of the bailor, the bailee owes a very high duty of care while in possession of the object.

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