Exam 27: Personal Property and Bailments

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Idaho Farms mistakenly puts its potatoes in Jackson Co-op's storage bin,which already contains Kelly Spud Farm's potatoes.It is impossible to tell which potatoes originally belonged to which party.This is

Free
(Multiple Choice)
4.9/5
(30)
Correct Answer:
Verified

C

Tangible personal property represents a set of rights and interests but has no real physical substance.

Free
(True/False)
4.7/5
(33)
Correct Answer:
Verified

False

In most bailments,the bailor must notify the bailee of hidden defects that the bailor knows or could have discovered with reasonable diligence.

Free
(True/False)
4.8/5
(24)
Correct Answer:
Verified

True

Bob rents a golf cart at Country Club Golf Course.The brakes are worn,and while Bob is driving the cart,they fail.The cart crashes into a tree,and Bob is injured.Country Club could have discovered,with reasonable diligence,that the brakes were worn.Liability for Bob's injuries most likely rests with

(Multiple Choice)
4.8/5
(36)

Tab stores video equipment with U-Store-It,Inc. ,under a contract that excuses the warehouser from liability for any damage.A fire due to U-Store-It's negligence destroys the equipment.The loss is most likely to be imposed on

(Multiple Choice)
4.8/5
(37)

Ansel owns Bar-B Ranch.Ansel's only son Cy owns Double-D Ranch in the same county.Ansel gives 90 percent of the Bar-B to Etta,a short-term employee.This gift

(Multiple Choice)
4.7/5
(32)

Patty's parents give her a car as a graduation present.While Patty spends the summer in Europe,her friend Rita agrees to keep the car in her garage.On Patty's part,this is acquisition of property by

(Multiple Choice)
4.8/5
(30)

Delacroix discovers a boat adrift,and retrieves and anchors it.The boat features a number on its side and other evidence pointing to its owner,Elvira.This is

(Multiple Choice)
5.0/5
(42)

Jill loans her laptop to Kyle.This is a bailment for

(Multiple Choice)
4.9/5
(37)

Before undergoing surgery that could cause death,Donnelly,a guitarist,gives his of guitars to Cathy.The surgery is successful,and Donnelly does not die.The gift of the guitars is

(Multiple Choice)
4.9/5
(23)

Frenchy's Fast Fries (3F)requires that its employees wear uniforms and protective clothing while on the job.3F provides a locker room for the employees to leave their street clothes and personal items while working.A sign on the back of the locker room door states,"Frenchy's is not responsible for the loss of any property in the locker room." Grant,a 3F employee,changes his clothes in the locker room before starting work and leaves his wallet and watch in a pocket of his jacket hanging in his locker.When he returns after his shift,the wallet and watch are gone.Does Grant's leaving personal items in the locker room constitute a bailment? If so,what type of bailment? If not,what legal relationship is it? Does 3F's sign exculpate the com?pany for Grant's loss? Why or why not?

(Essay)
4.8/5
(30)

Constructive delivery occurs when property is physically transferred.

(True/False)
4.9/5
(36)

Ben allows Cody to store his trailer on Ben's property for $20 a month while Cody is out of town.Later,Ben notices rainwater collecting in the trailer and covers it with a tarp at a cost of $40.This cost is most likely borne by

(Multiple Choice)
4.8/5
(36)

Constructive delivery does not satisfy the delivery requirement for an effective bailment.

(True/False)
4.9/5
(30)

Property used by a government for a public purpose such as a park is community property.

(True/False)
4.9/5
(38)

If confusion occurs as a result of the act of a third party,that third party acquires ownership rights in proportion to the amount confused.

(True/False)
5.0/5
(28)

Fact Pattern 27-1 Town Transport Company (TTC) agrees to pick up two containers for Unlimited Sales, Inc., and store their contents, to be delivered later. While TTC un¬loads one container, the other disappears from TTC’s loading dock -Refer to Fact Pattern 27-1.These facts give rise to

(Multiple Choice)
4.9/5
(41)

Grain from Harvest Farms is wrongfully commingled with grain from Idyllic Fields,which obtains possession of all of the grain.This is

(Multiple Choice)
4.9/5
(40)

If property is owned as community property,each spouse owns an undivided one-half interest in it.

(True/False)
4.8/5
(28)

John steals an old,battered bicycle that is parked,unlocked,in front of a convenience store.He repairs,paints,and replaces parts on the bike until it is like new.The original owner,Kim,claims the bike.The bike belongs to

(Multiple Choice)
4.9/5
(35)
Showing 1 - 20 of 72
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)