Lending One's Car to a Friend Would Be an Example

question 26

True/False

Lending one's car to a friend would be an example of a mutual benefit bailment.

---

Definitions:

Federal Statute

A law enacted by the national government of a federal system that applies throughout the country and supersedes state laws in areas of federal competence.

Duty of Care

A legal obligation imposed on individuals to exercise a reasonable level of care to avoid causing harm to others.

Unusual Bone Disease

A rare or uncommon medical condition affecting the skeletal system, potentially leading to abnormalities or impairments.

Contra Proferentum Rule

A rule of interpretation; ambiguous provisions in a written contract are to be construed against the party that drafted the agreement.