What are the rights, liabilities, and duties of bailees and bailors? Explain your answer.© BrainMass Inc. brainmass.com June 3, 2020, 6:58 pm ad1c9bdddf
A bailor is the owner of the property and a bailee is the person who holds the property who is not he seller or the buyer of the good.
There are three types of bailments:
1. Sole benefit of bailor
2. Sole benefit of bailee
3. Mutual benefit of bailor and bailee
The duty of care owed by the bailee is different in each of these situations. In the first situation when the bailment is for the sole ...