Bailment arises when you store something in a warehouse or rent furniture from a rental store.

Question

Quizplus · Accepted Answer

In many common situations, an owner puts an object protected by personal property into the intentional possession of another person with the understanding that the other person must return the object at some point or otherwise dispose of it. This property arrangement is known as a bailment, with the owner known as the bailor and the possessor of the object known as the bailee. Bailments arise when you store something in a warehouse, rent furniture from the rental store, lease a piece of equipment, loan your lawnmower to a neighbor, or store your car in a friend's garage while you are on vacation.

Bailment Arises When You Store Something in a Warehouse or Rent