Bailment - Explained

The video tutorial explains the concept of bailment, where possession of property is temporarily transferred to another party. It distinguishes between unilateral and mutual benefit bailments, highlighting the duties of the bailor and bailee in each type. The tutorial also provides examples of bailment in business contexts, such as pawning and shipping, where items are held temporarily by a third party.

Describe the duties of the bailee in a unilateral benefit bailment.

Provide examples of bailments in both business and social contexts.