BLaw Chap. 17 Review

BLaw Chap. 17 Review

Assessment

Flashcard

Other, Business

11th - 12th Grade

Hard

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31 questions

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1.

FLASHCARD QUESTION

Front

The fees a common carrier receives for use of its vehicle in the event that it is not loaded or unloaded at the agreed upon time is called

Back

demurrage

2.

FLASHCARD QUESTION

Front

The level of care a bailee must exercise over the goods is determined by the type of the bailment.

Back

the type of the bailment

3.

FLASHCARD QUESTION

Front

When both parties benefit from a bailment, it is a mutual-benefit bailment and the bailee's duty of care is ordinary.

Back

True

4.

FLASHCARD QUESTION

Front

When the bailment is only for the sole benefit of the bailor, the duty of care is minimal.

Back

True

5.

FLASHCARD QUESTION

Front

The bailee in an extraordinary bailment is strictly liable for loss or damage to the bailed goods.

Back

True

6.

FLASHCARD QUESTION

Front

Disclaimers are always valid and enforced.

Back

False

7.

FLASHCARD QUESTION

Front

If you rent a locker at an airport, put your luggage in it, and keep the key to the locker, a bailment of your luggage has been created.

Back

False

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