What is an example of a mutual benefit bailment?

A mutual benefit bailment occurs when both the bailor (the person who owns the goods) and the bailee (the person who is given possession of the goods) benefit from the arrangement. In the case of paying for a storage unit, this transaction embodies mutual benefit because the bailor receives payment for providing storage services while the bailee secures a place to keep their belongings. This type of bailment demonstrates that both parties have agreed upon terms that result in advantages for each side: the bailor earns income, and the bailee gains storage for their items.

In contrast, the other options reflect different types of bailment situations. Storing a friend's belongings for free represents a gratuitous bailment, where only the bailee benefits without any compensation to the bailor. Renting a car without payment would not qualify as a mutual benefit bailment since, typically, the arrangement involves payment. Leaving goods in a public place does not establish a bailment at all, as there is no party assuming responsibility for the goods in that scenario. Thus, the situation with the storage unit explicitly illustrates mutual advantage, aligning with the criteria of a mutual benefit bailment.