BU231 Lecture 13: BU 231 - Bailment
Document Summary
Change in possession without a change in ownership (borrowing, taking clothes to dry cleaners, renting) Exists as a combination of tort and contract. As soon as you take (cid:272)ustod(cid:455) of so(cid:373)eo(cid:374)e else(cid:859)s stuff there is lia(cid:271)ilit(cid:455) e(cid:448)e(cid:374) if (cid:455)ou(cid:859)re (cid:374)ot (cid:271)ei(cid:374)g paid. You (cid:373)ust look after so(cid:373)eo(cid:374)e else(cid:859)s stuff for the(cid:373). E(cid:454): i re(cid:374)ted the (cid:272)ar for the da(cid:455), i (cid:272)a(cid:374)(cid:859)t (cid:271)ri(cid:374)g it (cid:271)a(cid:272)k (cid:449)ith a bunch of scratches and dents. Varying standard of care: i(cid:373)ilar to o(cid:272)(cid:272)upier(cid:859)s lia(cid:271)ilit(cid:455): gratuitous bailment for benefit of the bailee (temporary possessor). The owner (bailor) does you (the bailee) a favor. You must look after the item better than your own stuff: bailment for value contractual. The contract will set the level of care. Ex: you will return the car in the exact condition it was in when your leased it with a full tank of gas.
