A bailment implied by law

Question

Quizplus · Accepted Answer

A bailment implied by law, also known as a constructive bailment, occurs without an express agreement but out of circumstances, such as finding lost property. In this case, the finder has a legal responsibility to take care of the item and attempt to return it to its rightful owner, which is why option D is correct. Options A and B refer to express bailments and contracts, which involve explicit agreements, and C describes a scenario of an express bailment where there is a clear agreement when you hand over your coat to the cloakroom attendant.

A Bailment Implied by Law