chapter 16 review
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Chapter 16 Review. Alysha Walters. A bailment is the transfer of possession and control of personal property. TRUE. FALSE. A disclaimer is a sign, warning, label, reducing the bailee’s duty of care. True. False. The nature of the bailee’s duty care may be modified by . A. - PowerPoint PPT PresentationTRANSCRIPT
Alysha WaltersCHAPTER 16 REVIEW
A BAILMENT IS THE TRANSFER OF POSSESSION AND CONTROL
OF PERSONAL PROPERTY
TRUE FALSE
A DISCLAIMER IS A SIGN, WARNING, LABEL, REDUCING THE BAILEE’S DUTY OF CARE
FalseTrue
A. contract
B. disclaimer
C. legislation
D. any of these
THE NATURE OF THE BAILEE’S DUTY CARE MAY BE MODIFIED BY
A.
B.
C.
D.
True False
IF YOU LEND A LAWNMOWER TO A NEIGHBOR, YOU HAVE CREATED A
BAILMENT
True
False
DEATH, INSANITY, OR BANKRUPTCY WILL END THE BAILMENT EVEN
WHEN THE BAILEE’S DUTIES CAN BE PERFORMED BY ANOTHER
True False
A BAILEMENT ENDS WHEN THE PARTIES MUTUALLY AGREE TO END
IT.
True False
A. extraordinary care B. Ordinary care C. minimal care
AGREEING TO TAKE CARE OF YOUR NEIGHBORS YARD DURING THEIR VACATION WOULD REQUIRE
YOU TO EXERCISE
A.
B.
C.
A GRATUITOUS BAILMENT DOES NOT ARISE FROM A CONTRACT
True
False
IT IS POSSIBLE FOR A PERSON TO HAVE TEMPORARY CONTROL OF ANOTHER’S PROPERTY
YET NOT HAVE BAILMENT
True False
A. the bailee must not ignore, waste, or destroy the bailed property
B. the bailee will be liable if negligent in some way
C. consideration is given and received by both bailor and bailee
WHAT IS ORDINARY CARE?
A.
B.
C.
A. the bailee will be strictly liable for any damages, loss, or injury to the goods
B. ownership reminds with the manufacturer or wholesaler until the goods are sold
C. the bailee must not ignore, waste, or destroy the bailed property
WHAT’S MINIMAL CARE?
A
B.
C.
A. Mutual-benefit bailement
B. Involuntary bailment
C. Ordinary bailment
IF ERIKA RENTS A CAR FROM A RENTAL CAR COMPANY, WHAT TYPE
OF BAILMENT IS CREATED
A.
B.
C.
A. Bailee lien
B. Bailment for hire C. sale on approval
A CATERING COMPANY RENTS TWO LARGE CANOPIES TO FAITH AND TIM FOR THEIR WEDDING FOR A FEE OF $1,200. BECAUSE A FEE IS INVOLVED,
THIS IS AN EXAMPLE OF
A.
B.
C.
A. Gratuitous bailment
B. Minimal care
C. involuntary bailments
WHEN BRANTLEY BORROWS DIERKS’ MOTORCYCLE WITHOUT PAYING DIERKS ANY MONEY FOR THE USE OF THE MOTORCYCLE, WHAT TYPE OF BAILMENT EXIST
A.
B.
C.
THE BAILOR IS THE PARTY WHO GIVES UP POSSESSION OF THE PROPERTY
True False
THE BAILEE IS THE PARTY WHO ACCEPTS POSSESSION
True False
A. bailees receive and accept the goods themselves
B. fee for the use of the transportation vehicle
C. when the party benefited is the bailee
WHAT IS AN ACTUAL BAILMENT
A.
B.
C.
A. common carriers
B. retain the goods until charges for transportation and incidental services are paid
C. duty of care established by the common law
WHAT IS CARRIER’S LIEN?
A.
B.
C.
THE SUBJECT OF BAILMENT DOES NOT HAVE REAL PROPERTY
True False
A. common carrier
B. recipient of the shipped goods
C. manufacturer of shipped goods
A ___ MAY CHARGE DEMURRAGE
A.
B.
C.
CORRECT!
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