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A bailee is a person who receives possession of a property or goods through a contract of bailment. Unlike a contract of sale, the bailee has to return the goods or property to the bailor, under a contract of bailment. A bailee is responsible for the safekeeping and return of the property to the bailor or otherwise disposing it off according to the contract of bailment. A bailee is also referred to as a custodian. The bailee owes a duty of care towards the property or the goods of the bailor, when the bailee is in possession of the property. Generally, a bailment is for the exclusive benefit of the bailee. A bailee must have actual physical control of the goods or property and an intention to possess it, in order to create a bailment. However, a bailee has no power to make contracts on behalf of the bailor. A bailee cannot make a bailor liable for his/her own acts. The bailee is responsible for the safekeeping of the property or the goods so transferred. Leaving goods in a sealed and rented box will not amount to bailment, and the holder is not a bailee since he cannot manage or control the goods.
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∙ 14y ago
Bailee legal liability refers to the responsibility of a bailee (someone who temporarily takes possession of another person's property) to care for and protect the property entrusted to them. The bailee is required to exercise reasonable care over the property and can be held liable for any damage or loss that occurs while the property is in their possession.
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What is tortuous bailment?
A tortuous bailment refers to a situation where a bailment is formed but the bailee acts in a negligent or wrongful manner, causing harm or loss to the bailor's property. This can give rise to a legal claim for damages or liability against the bailee for their actions or omissions.
What does PLL stand for in the legal profession?
PLL in the legal profession typically stands for "Professional Limited Liability Company." This is a specific type of business entity that provides liability protection to professionals, such as attorneys and accountants, while allowing them to operate as a limited liability company.
Misuse of PII can result in legal liability of the organization?
Yes, misusing personally identifiable information (PII) can lead to legal consequences for organizations, including fines, lawsuits, and damage to reputation. It is essential for organizations to safeguard PII and comply with data protection regulations to avoid legal liability.
What is the legal meaning for absolute liability?
Absolute liability means that a party is responsible for damages or injuries regardless of fault or intent. This legal doctrine holds individuals or entities strictly liable for harm caused, often in cases involving hazardous activities or products. It removes the need to prove negligence and focuses solely on the harm inflicted.
What are the difference between access and liability?
Access refers to the ability or permission to use or reach something, such as information or a physical space. Liability, on the other hand, refers to legal responsibility or obligation for one's actions or debts. Having access to something does not necessarily imply liability for it.
What is the legal Term for receiver of property?
Bailee
What is a bailee lien?
Bailee's Lien is : Well a Lien is;Basically a lien is a legal instrument giving a person, business, etc , and then look up Bailee and their's your answer. : ) Your Welcome. xoxo Bri
What class code for tenant's legal liability?
What is General Liability class code for tenant's legal liability
What is the difference between bailee and bailee for reward?
what is bailee and bailee for reward
What is tortuous bailment?
A tortuous bailment refers to a situation where a bailment is formed but the bailee acts in a negligent or wrongful manner, causing harm or loss to the bailor's property. This can give rise to a legal claim for damages or liability against the bailee for their actions or omissions.
What is a word meaning legally responsible?
Legal Liability. Liability.
What legal form do you?
liability
What is the birth name of Bailee Watters?
Bailee Watters's birth name is Bailee Dawn Watters.
Horse Legal Liability vs stableman's liability?
Difference between horse liability and stableman coverage
What is Bailee Madison's alternate names?
Bailee Madison's alternate names are "Bailee Madison Williams Holte".
What is bailee Madison's middle name?
Bailee Rose Madison
Does Bailee Madison have a lisp?
No, Bailee Madison does not have a lisp.
