A bailee is a seller who has passed the risk of loss to the buyer,but has not transferred the title.

Name: A bailee is a seller who has passed the risk of loss to the buyer,but has not transferred the title.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A bailee is not a seller, but rather a person who holds and takes care of someone else's property. The statement in the question describes a situation of a seller passing risk of loss to the buyer without transferring title, but this does not make the seller a bailee.

A Bailee Is a Seller Who Has Passed the Risk