Question 1

On completion of a bailment, the bailee may dispose of the property at will.

Accepted Answer

A) True 
 B)False

Question 2

A bailment is formed by the delivery of personal property, without transfer of title, by one person to another.

Accepted Answer

A) True 
 B)False

Question 3

Many bailments do not include all of the elements of a contract.

Accepted Answer

A) True 
 B)False

Question 4

Tim visits Sheila. After Tim leaves, Sheila finds Tim's briefcase was left behind. This is

Accepted Answer

A)   a physical bailment.
B)   a voluntary bailment.
C)   an involuntary bailment.
D)   not a bailment.E) B) and C)
F) None of the above

Question 5

In a bailment for the mutual benefit of the bailee and the bailor, the bailee must exercise ordinary care in storing items or holding property.

Accepted Answer

A) True 
 B)False

Question 6

Hotel operators can limit their liability for any loss or damage to their guests' personal property

Accepted Answer

A)   in many states, by providing a safe for their guests' valuables.
B)   under state statutes that limit the liability for articles not kept in a safe.
C)   in the absence of negligence.
D)   all of the choices.E) All of the above
F) A) and D)

Question 7

Ralph owns equipment, a pick-up truck, and stock in Rangeland Corporation, which owns and operates the Big R Ranch. Things capable of being involved in a bailment are

Accepted Answer

A)   the equipment, the truck, and the stock.
B)   the truck and the stock.
C)   the equipment and the truck.
D)   the truck only.E) B) and C)
F) A) and D)

Question 8

Dean discovers a fishing boat adrift, and retrieves and anchors it. The boat features a name and a number on its side and other evidence indicating its owner, Evelyn. This is not a bailment.

Accepted Answer

A)   an involuntary bailment.
B)   a voluntary bailment.
C)   an express bailment.
D)   not a bailment.E) A) and D)
F) None of the above

Question 9

With respect to bailed goods, common carriers are subject to a standard of reasonable care .

Accepted Answer

A) True 
 B)False

Question 10

Frenchy's Fast Fries (3F) requires that its employees wear uniforms and protective clothing while on the job. 3F provides a locker room for the employees to leave their street clothes and personal items while working. Grant, a 3F employee, changes his clothes in the locker room before starting work and leaves his wallet and watch in a pocket of his jacket hanging in his locker. Does Grant's leaving personal items in the locker room constitute a bailment? For whose benefit are the lockers provided and used?

Accepted Answer

Employees' storing of personal property ...

Question 11

The bailee has no right to receive some form of compensation for the bailment.

Accepted Answer

A) True 
 B)False

Question 12

Darryl loans his football to Evie under an agreement to return the football in a week. This is

Accepted Answer

A)   a bailment.
B)   a contract.
C)   a gift.
D)   conversion.E) B) and C)
F) B) and D)

Exam 37: Bailments

Many bailments do not include all of the elements of a contract.

Correct Answer
verified

A bailment is formed by the delivery of personal property, without transfer of title, by one person to another.

Correct Answer
verified

Dean discovers a fishing boat adrift, and retrieves and anchors it. The boat features a name and a number on its side and other evidence indicating its owner, Evelyn. This is not a bailment.

Correct Answer
verified

Tim visits Sheila. After Tim leaves, Sheila finds Tim's briefcase was left behind. This is

Correct Answer
verified

On completion of a bailment, the bailee may dispose of the property at will.

Correct Answer
verified

Darryl loans his football to Evie under an agreement to return the football in a week. This is

Correct Answer
verified

The bailee has no right to receive some form of compensation for the bailment.

Correct Answer
verified

Ralph owns equipment, a pick-up truck, and stock in Rangeland Corporation, which owns and operates the Big R Ranch. Things capable of being involved in a bailment are

Correct Answer
verified

Correct Answer
verified
Employees' storing of personal property ...
View Answer

With respect to bailed goods, common carriers are subject to a standard of reasonable care .

Correct Answer
verified

Hotel operators can limit their liability for any loss or damage to their guests' personal property

Correct Answer
verified

In a bailment for the mutual benefit of the bailee and the bailor, the bailee must exercise ordinary care in storing items or holding property.

Correct Answer
verified

Exam 37: Bailments

Many bailments do not include all of the elements of a contract.

Correct AnswerverifiedShow Answer

A bailment is formed by the delivery of personal property, without transfer of title, by one person to another.

Correct AnswerverifiedShow Answer

Dean discovers a fishing boat adrift, and retrieves and anchors it. The boat features a name and a number on its side and other evidence indicating its owner, Evelyn. This is not a bailment.

Correct AnswerverifiedShow Answer

Tim visits Sheila. After Tim leaves, Sheila finds Tim's briefcase was left behind. This is

Correct AnswerverifiedShow Answer

On completion of a bailment, the bailee may dispose of the property at will.

Correct AnswerverifiedShow Answer

Darryl loans his football to Evie under an agreement to return the football in a week. This is

Correct AnswerverifiedShow Answer

The bailee has no right to receive some form of compensation for the bailment.

Correct AnswerverifiedShow Answer

Ralph owns equipment, a pick-up truck, and stock in Rangeland Corporation, which owns and operates the Big R Ranch. Things capable of being involved in a bailment are

Correct AnswerverifiedShow Answer

Correct AnswerverifiedEmployees' storing of personal property ...View AnswerShow Answer

With respect to bailed goods, common carriers are subject to a standard of reasonable care .

Correct AnswerverifiedShow Answer

Hotel operators can limit their liability for any loss or damage to their guests' personal property

Correct AnswerverifiedShow Answer

In a bailment for the mutual benefit of the bailee and the bailor, the bailee must exercise ordinary care in storing items or holding property.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Employees' storing of personal property ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified