Which of the following statements is correct with respect to the creation of a bailment?
A) For a bailment to be created, it is necessary for the parties to have anticipated that the property would be returned at the end of the bailment period.
B) For a bailment to be created, the property must be given with the understanding that payment would be given for the service.
C) Bailments can only be created through contracts.
D) A bailment is not created when the transfer of the property is only done incidentally, such as leaving a watch with a watchmaker for repair.
E) A bailment is the process provided for releasing people from jail before trial.

Question

Quizplus · Accepted Answer

A bailment involves the transfer of property with the expectation that it will be returned to the owner after a certain period or upon the completion of a certain condition. This anticipation of return is a fundamental aspect of bailment, distinguishing it from other forms of property transfer.

Which of the Following Statements Is Correct with Respect to the Creation