Batman and Superman were going to meet for dinner at The Riddlers Italian Restaurant. Batman was very excited because he just purchased a brand new Batmobile. He parked his Batmobile in the self-service park-and-lock lot of Penguin Parking Lot, Inc. The ticket that he received from the ticket meter stated the following:

NOTICE. THIS CONTRACT LIMITS OUR LIABILITY. READ IT. WE RENT SPACE ONLY. NO BAILMENT IS CREATED.

Batman parked the Batmobile himself and kept the bat keys. There was no attendant at the lot. Two hours later, Batman left the restaurant and was heading back to the parking lot when he saw Wonder Woman. They started talking about the upcoming Hall of Justice party. Thirty minutes later, Batman went to the parking lot and discovered that his Batmobile had been stolen. Batman sued Penguin Parking Lot on the theory that it had breached its duty as a bailee. Was there a bailment?

Business law