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Question
Which of the following statements is true about bailment?
A. In a bailment for the sole benefit of the bailee, the possessor of the object is known as the bailor.
B. In a bailment, the possessor of the object is predominantly the owner.
C. In the business world, most bailments are of mutual benefit to both parties.
D. In a mutual benefit bailment, the bailee is under a duty to use high care in taking care of the object in possession.
E. In a bailment for the sole benefit of the bailor, the bailee owes a very high duty of care while in possession of the object.
Answer
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