Asked by AZALEA RODRIGUEZ on May 12, 2024

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Larry leaves his hat under the seat at the movie theater. Is this a bailment?

A) No, because the theater manager does not have physical possession of the goods.
B) No, because Larry did not pay the theater to keep his hat.
C) Yes, if the theater manager finds it.
D) Yes, since the theater controls the building.

Bailment

A legal relationship in common law where physical possession of personal property is transferred from one person (the bailor) to another (the bailee) who temporarily holds it under an agreement.

Theater Manager

A professional responsible for overseeing the daily operations of a theater, including scheduling performances, managing staff, and ensuring the theater's financial viability.

Physical Possession

The direct, physical control or holding of an object or property by an individual or entity.

  • Analyze and execute the statutes pertaining to bailments, covering both the limitations of liability and the privileges of the entities engaged.
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Verified Answer

UK
Umesh KumarMay 19, 2024
Final Answer :
C
Explanation :
A bailment occurs when personal property is delivered to someone who must return it once the purpose of the bailment is completed. If the theater manager finds Larry's hat, it becomes a bailment because the manager then has physical possession of the hat with the obligation to return it to Larry.