Sure Good Appliance Corporation contracts with Trucking Company to take a selection of appliances to United Railroad Inc. for United to transport the goods to a VeriSafe Company warehouse. Trucking, United, and VeriSafe each acknowledge possession of the goods by a document of title. These parties are
A)bailees.
B)buyers.
C)lessees.
D)sellers.

Question

Quizplus · Accepted Answer

Bailees are parties that temporarily take possession of another's property for the purpose of performing a service on it, such as transportation or storage, without taking ownership. In this scenario, Trucking Company, United Railroad Inc., and VeriSafe Company each take possession of the goods to perform a service (transportation or storage), making them bailees.

Sure Good Appliance Corporation Contracts with Trucking Company to Take