A bailment is the transfer of possession and control of personal property to another with the intent that the same property will be returned later.

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A bailment, which is very common in our culture, is the transfer of possession and control of personal property to another with the intent that the same property will be returned later. When you ask a friend to watch your backpack in the cafeteria, you've created a bailment. When you hand your keys to a valet at a parking garage, you've put your car is in the hands of a bailee.

A Bailment Is the Transfer of Possession and Control of Personal