Author Question: Mention a few instances where a bailee need not return bailed property in the same condition that it ... (Read 100 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
Mention a few instances where a bailee need not return bailed property in the same condition that it was delivered to him.

Question 2

An offer to perform is known as a(n) __________.
 A) rendering
 B) offering
 C) tinder
 D) tender



frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

In the case of fungible goods, such as wheat, a bailment exists if the owner expects to receive a like quantity and quality of goods. If the goods are to be processed in some way, a bailment arises if the product made from the original goods is to be returned. When a consignment exists, the property may be sold by the holder and not returned to the original owner. Finally, when property is left for repair, the property returned should be repaired and therefore not be identical to the property left. In each case, a bailment arises although the identical property is not returned.

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library