[Singapore Sculptures] Mavis purchased a sculpture for her home in Hawaii from Juno, who owns an art gallery in Singapore. Mavis tells Juno she is concerned about shipping because there is no agreement between Singapore and Indonesia regarding piracy and she wants to ensure that Juno will be responsible for any damage to the sculpture until Mavis can pick it up on the dock when the ship arrives in Hawaii. Juno tells Mavis there are no longer any piracy concerns in the area and that he will be responsible for the sculpture until it is removed from the ship in Hawaii. Another customer, Adler, also purchases a sculpture. Juno delivers both sculptures to the dock. Mavis' sculpture is accompanied by their contract and Adler's sculpture is accompanied by a document containing the words "Deliver to the Order of Juno", and is endorsed by Juno. The ship travels through a storm, capsizes, and the sculptures are destroyed.
-What is the term used for the goods while they are in storage on board the ship?

Question

Quizplus · Accepted Answer

Goods in bailment refers to a situation where goods are placed in the custody of another party (in this case, the shipping company) but ownership is not transferred. This term accurately describes the status of the sculptures while they are being transported on the ship.

[Singapore Sculptures] Mavis Purchased a Sculpture for Her Home in Hawaii