The Law of Bailments

The purpose of this course is to better equip you in your professional activities as an Insurance Agent or Insurance Adjuster.

$9.99

Eligible for All License Types

CE Hours:

3

This course reviews the Law of Bailment. Bailment is the delivery of goods from one person (the Bailor or his agent) to another (the Bailee or his agent) on the condition express or implied in the contract that the goods shall be returned to the Bailor as soon as the purpose for which they have been bailed has been completed. You will study the conditions of Bailment as well as the types of Bailment: mutual benefit, sole benefit to Bailor, sole benefit to Bailee. This course also reviews: Indefinite vs. Fixed Term Bailment; Gratuitous Bailment vs. Bailment for Consideration; Voluntary vs. Involuntary Bailments; and the duties, rights, liabilities, and remedies which apply to Bailor and Bailee. The course uses numerous interesting case studies as the underpinning for the legal doctrine.

This course makes a few assumptions about you the student:

  • You are a currently licensed Insurance Agent or Adjuster.
  • You are interested in additional information, resources, and knowledge regarding insurance and the legal environment of business in general.

There are three key features to the Course Briefs Continuing Education courses:

  • Introduction to the Law
  • Legal Syllogism Overview
  • Topical Analysis
  • Supporting Case Law
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