Author Question: Which of the following is true of bailments for the sole benefit of the bailee? A) The owner of the ... (Read 78 times)

jace · **on:** Jun 24, 2018

Which of the following is true of bailments for the sole benefit of the bailee?
A) The owner of the bailed property receives adequate benefits or compensation in these bailments.
B) Any loss or damage to bailed property due to no fault of the bailee falls on the owner.
C) In these bailments, the bailee renders a service and charges for the service.
D) If the bailee is injured due to a defect in the bailed property, the bailor is not liable for damages.

Question 2

Commercial impracticability discharges a party's contractual obligations when the contract becomes more expensive to perform due to drastic and severe economic downturns.
Indicate whether the statement is true or false