Which of the following statements is false regarding bailments?
A) A bailment may be for consideration.
B) A bailment agreement must be contained in a written agreement.
C) The standard of care varies depending on who benefits from the bailment.
D) A bailment may be gratuitous.
E) The parties to a bailment contract can limit or expand the liability of the bailee by contract.
Correct Answer:
Verified
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