GR8 Vision,Inc.,hires Haul-Way Company to transport fifty large-screen HDTVs from GR8's warehouse in San Diego to an Ideal Electronics retail store in Phoenix. The bailee is

Question

Quizplus · Accepted Answer

The bailee is the person or company who receives the property to be transported or stored, and in this case, it is Haul-Way Company who is responsible for transporting the TVs. GR8 Vision is the bailor, who is temporarily giving possession of the TVs to Haul-Way for transportation. Ideal Electronics is the receiver of the TVs but not the bailee. Therefore, option B is the correct answer. Option D is incorrect because there is always a bailee when goods are being transported or stored.