Paramount Publishing,Inc.,delivers fifty cases of an assortment of books to Quicksilver Delivery,Inc.,without passage of title to deliver the goods to Readmore Bookstore. This is
A)a bailment.
B)alease.
C)asale.
D)none of the choices.

Question

Quizplus · Accepted Answer

A bailment occurs when an owner of goods delivers them to someone else for a specific purpose, but retains ownership of the goods. In this scenario, Paramount Publishing has delivered books to Quicksilver Delivery to be delivered to Readmore Bookstore, but title (ownership) has not passed to Readmore Bookstore yet. This fits the definition of a bailment.