mutual benefit bailment

mutual benefit bailment
A bailment for compensation; a bailment in which the parties contemplate some price or compensation in return for benefits flowing from the fact of bailment. Armored Car Service, Inc. v First Nat. Bank (Fla App) 114 So 2d 431.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • bailment for mutual benefit — bailment for mutual benefit: bailment for hire at bailment Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • bailment — A delivery of goods or personal property, by one person (bailor) to another (bailee), in trust for the execution of a special object upon or in relation to such goods, beneficial either to the bailor or bailee or both, and upon a contract,… …   Black's law dictionary

  • bailment — A delivery of goods or personal property, by one person (bailor) to another (bailee), in trust for the execution of a special object upon or in relation to such goods, beneficial either to the bailor or bailee or both, and upon a contract,… …   Black's law dictionary

  • bailment — bail·ment / bāl mənt/ n [Anglo French bayllment, from bailler to hand over see bail]: the transfer of possession but not ownership of personal property (as goods) for a limited time or specified purpose (as transportation) such that the… …   Law dictionary

  • bailment for hire — a bailment for the mutual benefit of the bailor and bailee for compensation (as where one hires the use of another s property or agrees to keep it safely or to transport it or where one bestows care, labor, or attention upon it) compare pledge …   Useful english dictionary

  • gratuitous bailment — A bailment without compensation; according to some authority a bailment intended for the sole benefit of the bailor or a bailment intended for the sole benefit of the bailee. 8 Am J2d Bailm § 7. In view of the fact that some courts regard a… …   Ballentine's law dictionary

  • ordinary bailment — A bailment for the sole benefit of the bailor, for the sole benefit of the bailee, or for the mutual benefit of both parties. 8 Am J2d Bailm § 6 …   Ballentine's law dictionary

  • OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… …   Encyclopedia of Judaism

  • Ownership — Own redirects here. For other uses, see OWN (disambiguation). For ownership of articles in Wikipedia, see Wikipedia:Ownership of articles …   Wikipedia

  • bailee for hire — A person to whom possession of personal property is transferred and who is compensated for caring for such property; e.g. a mechanic to whom an automobile is entrusted for repairs is a bailee for hire. See also bailment (bailment for mutual… …   Black's law dictionary

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