LAW 603 Lecture Notes - Lecture 10: Bailment, Subrogation, Common Carrier
9 Dec 2016
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Nb: choses in action = a thing you can enforce through legal action. Intention of one parties = finder: generally obtains rights effective against all but true owner, finder keepers test: parker v. british airways pg. Nb: stealing you don"t acquire rights against owner, but has rights over everyone else. Create entirely new property (eg. copyright, sculpture) Bailment one person temporarily gives up possession of property with the. Bailee person who receives property: removal within reasonable time and without damage allowed. *examples of bailment: slide 10 or pg 419. *examples of bailment v. licence slide 13 or pg 420-421. Obligations related to quality of property duty t provide suitable and warn. Liability to pay for benefit of bailment. Bailee may enjoy lien: lien bailee"s right to retain possession of property until bailor pays. Bailee may enjoy right of sale debt. Return property to bailor at end of bailment. Flexible standard of care: requirements reflect circumstances.
