Bailments

What is an extraordinary bailment?

• bailment in which extreme care is required by the bailee

• when goods are in carriers possession

• certain circumstances under which the bailor has strict liability regardless of the care that they exercised

• When neither the bailor or bailee is liable of the goods

Temporary possession and control of goods is the focus of the bailment relationship.

• True
• False

The subject of the bailment must be real property.

• True
• False

Actual bailments and constructive bailments are two ways to transfer possession and control of goods.

• True
• False

Both bailor and bailee must intend that the goods be returned.

• True
• False

Elements of bailment do not include

• personal property
• possession and control of the goods by the bailee
• real property
• return of identical or fungible goods

I hire a rental pod company to hold onto my materials, who is the bailor in this situation?

• Me
• Pod Company
• Both of Us

Which of the following bailments would be fungible?

• First-Edition Comic Book

• Oil stored in a tank

• Having a Fish House Insulated

• Having Wedding Rings Cleaned

A bailee entitled to payment may exercise the bailee’s lien.

• True
• False

The FDA lowering the acceptable level of radon gases in livable spaces would modify a bailment by:

• Disclaimer
• Contract
• Legislation
• Liens