Examlex

Solved

A Release Bars Further Recovery Beyond the Terms Stated in the Release

question 31

True/False

A release bars further recovery beyond the terms stated in the release.


Definitions:

Preservation

The maintenance and protection of something, especially to prevent its degradation or destruction.

Bailee

A person or entity temporarily holding property on behalf of another with a duty to return it.

Reimbursement

The act of compensating someone for an expense or loss they have incurred.

Gratuitous Bailment

A bailment where the bailee (the person receiving the property) does not pay the bailor (the property owner) and holds the property for the benefit of the bailor or a third party.

Related Questions