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1.What is the most significant aspect of a bailment contract? a. It provides remedies for the failure to perform obligations. b. It reduces serious defects

1.What is the most significant aspect of a bailment contract?

It provides remedies for the failure to perform obligations.

It reduces serious defects affecting contractual formation or performance.

It limits the liability that common law rules of bailment create.

It avoids legal complications for damage or loss of bailed property.

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