„Bailment“
What does Bailment stand for?
A delivery of goods or personal property by one person (the bailor) to another (the bailee) on an express or implied contract for a particular purpose related to the goods while in possession of the bailee, who has a duty to redeliver them to the bailor.
Source:
Legal and RegulatoryView all itemsBarnes, A. James, and Thomas W. Dunfee. “Bailment.” In Business Law Principles and Cases, 7th ed., 438-461. Boston: Cengage Learning, 2016.