Thursday 27 March 2014

What is bailment and explain its rights and duties?

What is bailment and explain its rights and duties?
Bailment describes a legal relationship in common law where physical possession of personal property, or chattel, is transferred from one person (the 'bailor') to another person (the 'bailee') who subsequently has possession of the property. It arises when a person gives property to someone else for safekeeping per Wiki.

In real life it is what happens when you drop your clothes off at the dry cleaner or have your car fixed at the mechanic. The dry cleaner or mechanic must take care of your property and are responsible for it.

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