bailment Flashcards
bailment
transfer of possession
not ownership
bailment requirements
bailee has physical possession
bailee agrees to bailment
bailee knows of the property
renting a safety deposit box
bailment
consignment
bailment
employee using employer property
NOT bailement
self serve parking lots
NOT bailment
VA rules on innkeepers
reasonable precautions to protect guest property
my jewelry/money is stolen from my hotel room, is hotel liable?
no
jewelry must be in hotel office
bailee standard of care
benefit for bailor only
liable only for gross negligence
no compensation
bailee standard of care
mutual benefit
ordinary negligence
bailee standard of care
benefit bailee only
great diligence
when does strict liability come into play for bailees
using goods outside scope of bailment
bailee moved goods away from agreed storage place
bailee failed to return goods
car destroyed by lightning bolt during bailment. bailee liable?
not liable if damage from natural acts
what rights do bailee have in property
good against world except OG owner
what if bailor’s creditors try to take it during bailment?
bailee wins