Preparation for Disposition Practice Test

In legal terms, a bailee is defined as a person who receives property from another, typically under a contract or agreement for a specific purpose. This relationship involves the temporary possession of the property, which the bailee must care for and return after fulfilling the agreed-upon purpose. The essence of this relationship includes the understanding that the ownership of the property remains with the bailor (the person who owns the property).

This concept applies across various contexts, such as storage services, where the bailee holds items for safekeeping, or in lending situations where one party lends property for the other party to use. The legal obligations can depend on the situation, but the central role of the bailee is to take possession of property for a limited time while maintaining it throughout the period of possession.