Which of these elements determine the existence of a bailment?
A)A separation of ownership and possession of the property.
B)A duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions.
C)Neither of the above.
D)Both (a) and (b) are correct.

Question

Quizplus · Accepted Answer

A bailment is created when there is a separation of ownership and possession of the property (a), and there is a duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions (b). Therefore, both (a) and (b) are correct elements that determine the existence of a bailment.

Which of These Elements Determine the Existence of a Bailment