GEN BUS 301 Midterm: Bus Law Exam 3 Review
5 Feb 2019
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Document Summary
Decides who is liable for loss or damage to personal property that we deliver to another person for some purpose (i. e. repared, stored, borrowed) To a bailee from a bailor (may or may not have title) Pursuant to an agreement (with or without a contract) With the property to be returned to the bailor or to whom the bailor directs after purpose of bailment is accomplished. You let me store my car in your garage while i"m on vacation. You take your clothes to a dry cleaner. Not absolutely liable for loss or damage if . Fails to insure property after agreeing to do so. Deviates from the purpose of the bailment. Delivers to the bailed property to wrong person. Unenforceable if not brought to the attention of bailor. Issued by bailee engaged in the business of storing goods (warehouse) Document of title given by warehouse and received by the seller.
