Restoration of gratuitously lent goods: lender can demand return anytime; must indemnify borrower for excessive loss. Section 159 provides that for a gratuitous loan the lender may at any time require return even if a term or purpose was specified; however, if premature ... Summary
Restoration of gratuitously lent goods: lender can demand return anytime; must indemnify borrower for excessive loss.
Section 159 provides that for a gratuitous loan the lender may at any time require return even if a term or purpose was specified; however, if premature return would cause the borrower loss exceeding the benefit derived, the lender who compels return must indemnify the borrower for the excess loss.
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