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<h1>Bailment: delivery of goods for a purpose creates contractual duties to return or dispose per the bailor's directions.</h1> A bailment arises when goods are delivered to another for a purpose under a contract that they be returned or disposed of per the deliverer's directions; the deliverer is the bailor and the recipient the bailee. Where a person already in possession agrees to hold goods as a bailee, that contractual agreement makes them the bailee and the owner the bailor, notwithstanding absence of a new physical delivery.