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Author Question: Which of the following statements is correct with respect to the creation of a bailment? (Read 78 times)

ETearle

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Question 1

Which of the following describes involuntary bailment?
◦ The bailee refuses to claim the stored goods.
◦ The borrower refuses to return goods.
◦ The bailor sells the goods to compensate for storage costs.
◦ Goods have been left without permission.
◦ Someone is forced to provide bail.

Question 2

Which of the following statements is correct with respect to the creation of a bailment?
◦ A bailment is not created when the transfer of the property is only done incidentally, such as leaving a watch with a watchmaker for repair.
◦ Bailments can only be created through contracts.
◦ For a bailment to be created, the property must be given with the understanding that payment would be given for the service.
◦ A bailment is the process provided for releasing people from jail before trial.
◦ The duty of care imposed on the bailee in a bailment for value is usually that of a reasonable person in the circumstances.


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Marked as best answer by ETearle on Aug 7, 2021

tofugiraffe

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ETearle

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Reply 2 on: Aug 7, 2021
:D TYSM


Dnite

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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