Which of the following is true of bailments for the sole benefit of the bailee?
A) The owner of the bailed property receives adequate benefits or compensation in these bailments.
B) Any loss or damage to bailed property due to no fault of the bailee falls on the owner.
C) In these bailments, the bailee renders a service and charges for the service.
D) If the bailee is injured due to a defect in the bailed property, the bailor is not liable for damages.
B
You might also like to view...
Neighborhood Lawn Equipment uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required.
May 18: Sold $26,000 of merchandise on account, credit terms are 1/10, n/30, FOB destination. Cost of goods is $15,600. May 22: Neighborhood negotiated a $600 allowance on the goods sold on May 18. May 24: Neighborhood paid freight of $450 on the goods sold on May 18.
Which of the following is not one of the general categories of goods subject to a security interest
under Article 9 of the UCC? A) Inventory B) Consumer goods C) Farm products D) Equipment E) Building materials
In a retailer-led channel system,
A. strategy decisions on Product are handled by retailers. B. strategy decisions on Place are not a concern for the retailers. C. strategy decisions regarding target customers are handled by producers. D. strategy decisions on Promotion are handled by retailers. E. strategy decisions on Price are completely handled by producers.
The first quartile _____
a. contains at least one third of the data elements b. is the same as the 25th percentile c. is the same as the 50th percentile d. is the same as the 75th percentile