______ is a transfer of possession - but not title - to personal property.
A) A bailment.
B) An option to purchase.
C) A gift
D) A consignment

Question

Quizplus · Accepted Answer

A bailment is a transfer of possession, but not title, of personal property from one party (the bailor) to another (the bailee), with the understanding that the property will be returned to the bailor or dealt with in a specific way at a later time. Examples of bailments include leaving your coat with a coat check attendant, storing your belongings in a friend's garage, or entrusting your jewelry to a pawn shop for safekeeping.

______ Is a Transfer of Possession - but Not Title