What is the role of the "Bailee" in a bailment agreement?

In a bailment agreement, the role of the "Bailee" is defined primarily as the individual responsible for the goods during the bailment. When a bailment is established, one party (the bailor) transfers possession of goods to another party (the bailee) for a specific purpose, such as storage, use, or repair, while retaining ownership of those goods. The bailee is entrusted with the care of the goods and has a legal obligation to ensure their safety and return them in the agreed-upon condition.

This responsibility means that the bailee must exercise a certain standard of care, depending on the type of bailment. For example, if the bailment is for the benefit of the bailor, the bailee might only need to take reasonable care, whereas if the bailment is for the mutual benefit of both parties (like a rental scenario), the bailee must exercise a higher standard of care.

The other options do not accurately capture the essence of the bailee's role. The individual who provides the goods would be the bailor, not the bailee. The party who completes the contract does not specifically pertain to the bailee's responsibility within the context of bailment. Lastly, while the bailee may