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 bailment of a common carrier
C) care equivalent to a gratuitous bailment for the benefit of both parties
D) care equivalent to a gratuitous bailment for the benefit of the bailor
E) bailment standards set by the Universal Commercial Code

Question

Quizplus · Accepted Answer

The standard of care required by a business that hires out equipment is that of a prudent and diligent person who takes care of their own property. This is known as the standard of care of a bailee for hire.

Which of the Standards of Care Listed Below Describe the Standard