Which of the Following Statements Is False Regarding Bailments

Multiple Choice

Which of the following statements is false regarding bailments?

A) A bailment may be for consideration.
B) A bailment agreement must be contained in a written agreement.
C) The standard of care varies depending on who benefits from the bailment.
D) A bailment may be gratuitous.
E) The parties to a bailment contract can limit or expand the liability of the bailee by contract.