question archive A bailment occurs when: a
A bailment occurs when: a
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A bailment occurs when:
a. two people agree to the sale of personal property on a payment plan.
b. one person sells property to another with the right of repurchase upon notice.
c. one person takes temporary possession of the personal property of another.
d. one person finds the property of another and keeps it.
e. one person takes permanent possession of the property of another.
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Answer : C. One person takes temporary possession of the personal property of another.
Explanation : Bailment is an agreement between two people to hold one's property for a specific time without providing permanent possession of the property only the possesion and title can be split.
