Bailment: Understanding Implied Bailments

What is the requirement for a written agreement in an implied bailment?

A. Implied

B. Contracts

C. Express

D. Frauds

Answer

Final answer: An implied bailment does not require a written agreement unless the statute of frauds applies.

When a bailment is implied, there is no need for a written agreement unless the statute of frauds applies to the bailment. An implied bailment arises when the conduct of the parties or the circumstances surrounding the transfer of possession imply a bailment relationship. For example, if you leave your coat with a coat check attendant at a restaurant, it is an implied bailment because the attendant is expected to take care of the coat.

Implied bailments are based on the actions and conduct of the parties involved, rather than a formal written agreement. This type of bailment is common in everyday situations where possessions are entrusted to someone else for safekeeping or use.

It's important to understand the implications of implied bailments and when a written agreement may be required based on the specifics of the situation.