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Business, 27.05.2021 22:20 lokiliddel

A bailment is different from a gift because Group of answer choices a gift requires consideration, but a bailment does not. a gift requires delivery, but a bailment does not. in a bailment, only possession of the property is transferred to the bailee, whereas with a gift, both possession and ownership must pass to the donee. a gift is always a contract, but a bailment is generally not a contract.

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