Which of the following statements is false regarding bailments?
A) A bailment may be gratuitous.
B) A bailment may be for consideration.
C) A bailment agreement must be contained in a written agreement.
D) The parties to a bailment contract can limit or expand the liability of the bailee by contract.
E) The standard of care varies depending on who benefits from the bailment.

Question

Quizplus · Accepted Answer

A bailment agreement does not necessarily have to be in writing; it can be oral or even implied by the conduct of the parties involved.

Which of the Following Statements Is False Regarding Bailments