In a Bailment, Possession of the Property Is Transferred to the Bailee

question 61

True/False

In a bailment, possession of the property is transferred to the bailee.

---

Definitions:

United States

A country in North America founded in 1776, comprised of 50 states, known for its vast size and diversity.

Great Britain

A country located off the northwestern coast of mainland Europe comprising England, Scotland, Wales, and Northern Ireland, known for its influential role in global politics, economics, and culture.

Economic Interests

Concerns or investments that involve the financial well-being of individuals, groups, or nations, including trade, resources, and markets.

Expansionist Foreign Policy

A strategy by a country to increase its power and territory through acquisition or diplomatic efforts.