Select the correct answer:

A. Rosie rents a locker at the airport, and she puts a bag in the locker. Rosie keeps the locker key. In this case, the bag has been delivered to and accepted by the airport. The airport is a bailee.
B. Hill rents a boat to Dan. The boat is located at a lake 30 miles away. Hill gives Dan keys to the boat. Dan drives to the lake and takes possession of the boat. In this case, the boat has been delivered to and accepted by Dan, and Dan is a bailee.
C. Unknown to Lon, Jeff left a bike at Lon's house. Lon has not found the bike, and he is not likely to find it because Jeff left the bike under the front porch. In this case, Lon is a bailee of the bike.
D. Ken parked a car in a self-service lot, and Ken kept the keys. The parking lot is a bailee.


Answer: B

Business

You might also like to view...

Discuss the advantages of a joint venture in a global environment

Business

A regression model involved 18 independent variables and 200 observations. The critical value of t for testing the significance of each of the independent variable's coefficients will have

a. 18 degrees of freedom b. 200 degrees of freedom c. 199 degrees of freedom d. 181 degrees of freedom

Business

Discuss the Four I's of SC&O management and how they impact the competitiveness of a firm and a supply chain.

What will be an ideal response?

Business

Which of the following is a nonrelational data store developed by Google?

A) Cassandra B) Dynamo C) SharePoint D) Bigtable

Business