Question: 1 ) explain what the bailment situation is ( e . g . for bailor s benefit, for bailee s sole benefit, etc. ) 2

1) explain what the bailment situation is (e.g. for bailors benefit, for
bailees sole benefit, etc.)2) Explain whether or not there is insurance for the named insured
Insured Amy asks to borrow neighbor Franks tractor. Frank agrees for no charge. Amy takes the tractor to her property and tips it over. The damage to the tractor is $2,500.

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