commodatum Flashcards
1
Q
definition of commodatum
A
where the lender delivers to the borrower a nonconsumable thing so that the latter MAY USE it for a certain time and return the identical thing
2
Q
purpose of commodatum
A
USE or Possession
3
Q
nature of commodatum
A
USE or Possession
4
Q
form of commodatum
A
No form required
5
Q
subject-matter of commodatum
A
Non- Consumable Movable or
Immovable
* If consumable, must be for
EXHIBIT only
6
Q
extent
A
Subject property only
FRUITS: Bailor not entitled
(ews)
7
Q
consideration
A
Liberality
8
Q
ownership
A
Bailor need not be
owner