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Author Question: Jim agreed to show Donna's car to a potential buyer. Donna was not able to be home since she had to ... (Read 141 times)

bio_gurl

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on: Jun 24, 2018
Jim agreed to show Donna's car to a potential buyer. Donna was not able to be home since she had to attend a meeting. After showing the car, Jim left the keys in it and the car was stolen. Which statement is correct?
 A)Since Jim is a gratuitous agent, he will only be liable for the loss of the car if his conduct constitutes gross negligence.
 B)Since Jim is a gratuitous agent, he will be liable for the loss of the car if his conduct constitutes ordinary negligence.
 C)Since Jim is a gratuitous agent, he has no liability for the car.
 D)Since Jim is a gratuitous agent, he is strictly liable for the loss of the car.

Question 2

If the issuing bank accepts documents that contain a discrepancy, the bank cannot seek reimbursement from the account party, its customer.
  Indicate whether the statement is true or false


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macagnavarro

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


bio_gurl

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
Wow, this really help

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