What is a contract of precarium?
A)It is a contract by virtue of which a person called the guarantor, binds himself to the creditor to fulfill the obligation of the principal debtor in case the latter should fail to do so.
B)It is a contract by virtue of which a person binds himself solidarily with the principal debtor to fulfill the obligation.
C)It is an accessory, real and unilateral contract by virtue of which the debtor or a third person delivers to the creditor or to a third person movable property as security for the performance of the principal obligation.
D)It is a contract of commodatum where the bailor has the right to demand the return of the thing which is the object of the contract at will.

Question

Quizplus · Accepted Answer

A contract of precarium is essentially a type of loan for use, similar to commodatum, but with the distinctive feature that the lender (bailor) can demand the return of the loaned item at any time, making it revocable at the will of the lender.

What Is a Contract of Precarium