Definition of BAILEE


BAILEE

contracts. One to whom goods are bailed.


2. His duties are to act in good faith he is bound to use extraordinary
diligence in those contracts or bailments, where he alone receives the
benefit, as in loans, he must observe ordinary diligence of those
bailments, which are beneficial to both parties, as hiring, and he will be
responsible for gross negligence in those bailments which are only for the
benefit of the bailor, is deposit and mandate. Storys Bailm. 17, 18, 19.
He is bound to return the property as soon as the purpose for which it was
bailed shall have been accomplished.



3. He has generally a right to retain and use the thing bailed,
according to the contract, until the object of the bailment shall have been
accomplished.


4. A bailee with a mere naked authority, having a right to remuneration
for his trouble, but coupled with no other interest, may support trespass
for any injury, amounting to a trespass, done while he was in the actual
possession of the thing. 4 Bouv. Inst. n. 3608.


Source: Bouviers Law Dictionary 1856 Edition

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