Please post your answer to the discussion question(s) here. 250 word minimum. --
ID: 331575 • Letter: P
Question
Please post your answer to the discussion question(s) here.
250 word minimum.
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Choose one of the major types of bailment commercial proprietors (innkeepers, carriers, or warehousers). Explain the law surrounding that proprietor, according to the book, and the basic service they provide. Then, imagine you are an attorney asked to advise at the formation of one of these businesses. What advice do you provide them to make sure they are within the law? Find examples from the Internet to support your recommendations.
Explanation / Answer
Bailment is the legal relationship established between 2 parties when one party temporarily entrusts his property to the other party, without giving up the title of ownership. The owner of the property is called the bailer. The various bailees of this kind of entitlement can be the innkeepers, the carriers or the warehousers. The bailee promises to return the property to the bailer after a stipulated time period.
The essential features of a bailment are:
There can be 3 types of bailments between the bailer and the bailee:
There are certain rules regarding the bailment:
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