A transfer of possession,but not title,is called:

Question

Quizplus · Accepted Answer

A bailment is a transfer of possession of personal property without a transfer of ownership or title. Examples of bailments include leaving your car at a valet stand, storing furniture at a moving company's warehouse, or even temporarily lending a tool to a friend. Options to purchase and gifts do not necessarily involve a transfer of possession, and they also involve the transfer of title. Therefore, option A is the best answer.

A Transfer of Possession,but Not Title,is Called