A bailment of personal property is a relationship that arises when one party, the ________, transfers possession of personalty to another, the ________, to be used by the bailee in an agreed-on manner for an agreed-on time period.
A. posseor; posesee.
B. bailor; bailee
C. giver; taker
D. donor; holder
E. donor; donee
Answer: B
You might also like to view...
A construction company provides its employees who work at construction sites with hard hats. It also provides these employees with coveralls so that they do not come into direct contact with any harmful materials. The measures taken by the company are in compliance with the _____.
A. Worker Adjustment and Retraining Notification Act B. Taft-Hartley Act C. Landrum-Griffin Act D. Occupational Safety and Health Act
An interest rate is also called a discount rate.
Answer the following statement true (T) or false (F)
The legitimate interests of those who deal with minors are recognized by the duty of restitution.?
Indicate whether the statement is true or false
A document of title symbolizes ownership of the goods it describes; its transfer transfers the ownership or control of the goods without necessitating the physical transfer of the goods themselves
Indicate whether the statement is true or false