A bailment allows an owner of personal property to transfer possession of it to another individual for any one of the following purposes, EXCEPT:
A) sale.
B) transportation.
C) storage.
D) lease.

Question

Quizplus · Accepted Answer

A bailment involves the transfer of possession of personal property for purposes like transportation or storage, but not for leasing, which involves a transfer of rights to use the property.

A Bailment Allows an Owner of Personal Property to Transfer