What are the different types of bailment and what level of care is required for each type?
In law, the level of care a bailee must provide varies with the type of bailment: minimal care for bailment for the benefit of the bailor, extraordinary care for the benefit of the bailee, and ordinary care for mutual benefit bailment.
Different Types of Bailment and Level of Care
Bailment for the Benefit of the Bailor: This type of bailment occurs when someone (the bailee) is holding or taking care of property for the owner (the bailor) without receiving any benefit in return. The bailee is required to show minimal care towards the property.
Explanation
In the context of bailment law, different types of bailments require different levels of care from the bailee. Here are the matches for the type of bailment with the level of care required:
Bailment for the Benefit of the Bailor: This type of bailment occurs when someone (the bailee) is holding or taking care of property for the owner (the bailor) without receiving any benefit in return. The bailee is required to show minimal care towards the property.
Bailment for the Benefit of the Bailee: In this case, the bailee receives some benefit from the bailment, and the property is primarily in their possession for their use. They must provide an extraordinary level of care to the property, as they are the primary beneficiary of the agreement.
Mutual Benefit Bailment: This occurs when both parties derive some benefit from the bailment. Examples can include hiring work equipment or leasing a car. The bailee should exercise an ordinary level of care towards the property, equivalent to what a reasonable person would do under similar circumstances.