Types of Bailment that depends on Low Duty and High Duty
Explain the types of Bailment that depends on Low Duty and High Duty?
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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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