Which of the following correctly characterizes the nature of most commercial bailment situations?
A) The bailee is liable for latent defects.
B) The standard of care is very high.
C) They typically benefit both the bailor and bailee.
D) The standard of care is very low.

Question

Quizplus · Accepted Answer

Most commercial bailments are mutually beneficial, as they typically involve an exchange where both the bailor and bailee gain some advantage or benefit.

Which of the Following Correctly Characterizes the Nature of Most