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Bailment Relationship

Bailment Relationship. Bailments Bailor and Bailee Duties. Bailments. GOALS Discuss the ways in which bailments are created and ended Identify common real-life bailments. FOCUS. What is a bailment? Have you been involved in one?. HOW ARE BAILMENTS CREATED AND ENDED?.

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Bailment Relationship

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  1. Bailment Relationship Bailments Bailor and Bailee Duties

  2. Bailments GOALS • Discuss the ways in which bailments are created and ended • Identify common real-life bailments Chapter 17

  3. FOCUS • What is a bailment? • Have you been involved in one? Chapter 17

  4. HOW ARE BAILMENTS CREATED AND ENDED? • Transfer of possession and control • Possession • Control • Disposition of the goods • Termination of the bailment Chapter 17

  5. What are the three ways in which bailments are ended? Chapter 17

  6. COMMON EXAMPLES OF BAILMENTS • Bailments for transport • Bailments for hire • Bailments for services • Bailments for sale Chapter 17

  7. Bailor and Bailee Duties GOALS • Describe the duties owed by the bailee in a bailment • State the bailor’s duties in a bailment Chapter 17

  8. Characteristics of bailment Levels of care FOCUS • The subject is tangible personal property • The bailor transfers temporary possession to the bailee • The bailor transfers temporary control to the bailee • The goods must be returned to the bailor or to someone the bailor specifies • Extraordinary • Ordinary • Minimal Chapter 17

  9. DUTIES OWED BY THE BAILEE IN A BAILMENT • Duty to care for the property • Modification of the level of care • Modification by legislation • Modification by contract • Modification by disclaimer • Duty to return the goods Chapter 17

  10. WHAT DUTIES ARE OWED BY THE BAILOR IN A BAILMENT? • Mutual-benefit bailments • Bailments for the sole benefit of bailor • Bailments for the sole benefit of bailee Chapter 17

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