Which of the following statements is true if a bailment is for the mutual benefit of both the bailee and the bailor?
A) The bailee is liable for harm to the bailed property arising only out of the bailee's gross negligence.
B) The bailee is liable for harm to the bailed property caused by even the slightest lack of due care on the part of the bailee.
C) The bailee is liable for harm to the bailed property arising out of the bailee's ordinary or gross negligence.
D) The bailee is strictly liable for harm to the bailed property.
E) The bailee is not liable for harm to the bailed property because of the doctrine of assumption of the risk.
Correct Answer:
Verified
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