In a bailment relationship, all of the statements below are true except
A)the bailee has ownership of the bailed personal property.
B)consideration is not necessary to form the relationship.
C)the bailee has a right of temporary possession of the bailed property.
D)property is to be returned to the bailor or one to whom the bailee has been instructed by the bailor to deliver the property.

Question

In a bailment relationship, all of the statements below are true except ​
A)the bailee has ownership of the bailed personal property.
B)consideration is not necessary to form the relationship.
C)the bailee has a right of temporary possession of the bailed property.
D)property is to be returned to the bailor or one to whom the bailee has been instructed by the bailor to deliver the property.

Quizplus · Accepted Answer

In a bailment relationship, the bailee does not gain ownership of the bailed property; they merely have the right to temporarily possess and use it. Ownership remains with the bailor.

In a Bailment Relationship, All of the Statements Below Are