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of <h1>Understanding Bailment: Goods Transferred for Specific Purpose Under Agreement, Bailor and Bailee Roles Explained</h1> A bailment involves the delivery of goods from one person to another for a specific purpose, under a contract that mandates the return or disposal of the goods as directed by the deliverer once the purpose is fulfilled. The person who delivers the goods is known as the bailor, while the recipient is the bailee. If someone already in possession of another's goods agrees to hold them as a bailee, they become the bailee, and the owner becomes the bailor, even if the goods were not initially delivered as a bailment.
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