Which of the standards of care listed below describe the standard of care required by a business that hires out equipment?
A)care equivalent to what a prudent and diligent person would take in the use of his or her own property
B)care equivalent to a gratuitous bailment for the benefit of the bailor
C)care equivalent to a gratuitous bailment for the benefit of both parties
D)bailment standards set by the Universal Commercial Code
E)care equivalent to bailment of a common carrier

Question

Quizplus · Accepted Answer

A business that hires out equipment is required to exercise care equivalent to what a prudent and diligent person would take in the use of his or her own property. This is known as the "ordinary prudence" standard.

Which of the Standards of Care Listed Below Describe the Standard