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Chapter 21 Bailments and the Storage, Shipment, and Leasing of Goods
Learning Objectives
After reading this chapter, you should understand the following:
- What the elements of a bailment are
- What the bailee’s liability is
- What the bailor’s liability is
- What other rights and duties—compensation, bailee’s liens, casualty to goods—arise
- What special types of bailments are recognized: innkeepers, warehousing
- What rules govern the shipment of goods
- How commodity paper is negotiated and transferred