Who does a bailment benefit?
A) The bailor only.
B) The bailee only.
C) A bailment may benefit either a bailor or a bailee, or both.
D) A donor beneficiary.
E) A debtor.

Question

Quizplus · Accepted Answer

A bailment is a legal relationship where physical possession of personal property is transferred from one party (the bailor) to another (the bailee) who temporarily holds it under an agreement. This arrangement can benefit either the bailor, the bailee, or both, depending on the terms of the agreement and the circumstances of the bailment. For example, a bailor benefits by having their property safely stored or transported, while a bailee might benefit by being paid for the service or being allowed to use the property.

Who Does a Bailment Benefit