“A rule adumbrated”: Bailment on terms and the rule of law

Argues that bailment on terms is a duplicative rule on when parties are bound to terms because it rests on the same justificatory principle for a cause of action in contract: consent. The rule is contrary to the rule of law because like cases are not treated alike and disputes are resolved according to a discretion, not law. It matters because it foists contractual liability onto parties, which redistributes risk, reorders established rules of law, and weakens the benefits of the rule of law.