The person who retains ownership and transfers possession is the bailor and the person who receives the goods is the bailee.

Name: The person who retains ownership and transfers possession is the bailor and the person who receives the goods is the bailee.
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Question

Quizplus · Accepted Answer

This is the definition of bailment, where the bailor is the owner of the goods and the bailee is the recipient of the goods. The bailor retains ownership but transfers possession to the bailee.

The Person Who Retains Ownership and Transfers Possession Is the Bailor