Exam 37: Bailments

With respect to bailed goods, common carriers are subject to a standard of reasonable care .

Dean discovers a fishing boat adrift, and retrieves and anchors it. The boat features a name and a number on its side and other evidence indicating its owner, Evelyn. This is not a bailment.

In a bailment for the mutual benefit of the bailee and the bailor, the bailee must exercise ordinary care in storing items or holding property.

Many bailments do not include all of the elements of a contract.

Hotel operators can limit their liability for any loss or damage to their guests' personal property

Ralph owns equipment, a pick-up truck, and stock in Rangeland Corporation, which owns and operates the Big R Ranch. Things capable of being involved in a bailment are

Frenchy's Fast Fries (3F) requires that its employees wear uniforms and protective clothing while on the job. 3F provides a locker room for the employees to leave their street clothes and personal items while working. Grant, a 3F employee, changes his clothes in the locker room before starting work and leaves his wallet and watch in a pocket of his jacket hanging in his locker. Does Grant's leaving personal items in the locker room constitute a bailment? For whose benefit are the lockers provided and used?

Tim visits Sheila. After Tim leaves, Sheila finds Tim's briefcase was left behind. This is

On completion of a bailment, the bailee may dispose of the property at will.

Darryl loans his football to Evie under an agreement to return the football in a week. This is

The bailee has no right to receive some form of compensation for the bailment.

A bailment is formed by the delivery of personal property, without transfer of title, by one person to another.