Types of Bailment that depends on Low Duty and High Duty
Explain the types of Bailment that depends on Low Duty and High Duty?
Expert
The types of Bailment that depends on Low Duty and High Duty are:-
1. Involuntary bailment (e.g., you forget your tools at a friend’s house).
2. Gratuitous bailment for benefit of bailor (e.g., you store a friend’s tools at your house because he has no room).
3. Gratuitous bailment for benefit of bailee (e.g., a friend borrows your tools to use on a home-construction project).
4. Bailment for value (or mutual benefit) (e.g., a friend pays you to store her tools at your house).
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