Business Law - Chapter 20

Business Law - Chapter 20

KG - University

20 Qs

quiz-placeholder

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Business Law - Chapter 20

Business Law - Chapter 20

Assessment

Quiz

Specialty

KG - University

Practice Problem

Hard

Created by

Janice Arent

Used 23+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Temporary possession and control of goods is the focus of the bailment relationship.

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The subject of the bailment must be real property.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Actual bailments and constructive bailments are two ways to transfer possession and control of goods.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Both bailor and bailee must intend that the goods be returned.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The bailee must return the goods to the bailor and no one else.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When there is no difference between one unit of the goods and another, the goods are said to be fungible.

True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A gratuitous bailment for the sole benefit of the bailee requires a duty of care that is extraordinary.

True
False

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