Exam 47: Personal Property and Bailments
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Exam 47: Personal Property and Bailments84 Questions
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Chita owns the land on which Downwind Farm is situated, plus the farmhouse, barn, and other structures permanently attached to the land. Chita's brother Elmo owns everything else on the farm-implements, seed, and so on. The real property is owned by
Free
(Multiple Choice)
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Correct Answer:
B
Ben allows Cody to store his trailer on Ben's property for $20 a month while Cody is out of town. Later, Ben no?tices rainwater collecting in the trailer and covers it with a tarp at a cost of $40. This cost is most likely borne by
Free
(Multiple Choice)
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Correct Answer:
C
An item cannot be a fixture unless it is physically attached to the land.
Free
(True/False)
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Correct Answer:
False
GR8 Stores, Inc., hires Haul-Way Company, a common carrier, to trans?port fifty large-screen HDTVs from San Diego to Phoenix. En route, a pothole causes the truck to crash, damaging the goods. Liability for the damage most likely rests with
(Multiple Choice)
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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 re?sponsible 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)
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Floyd tells his daughter Glenda that she can have his Harley Davidson when he dies, but he does not add this to his will. This is
(Multiple Choice)
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A finder acquires title to lost property good against the whole world, in?cluding the original owner.
(True/False)
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If confusion occurs as the act of a third party, that third party acquires ownership rights in proportion to the amount confused.
(True/False)
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According to the court in Case 47.1, In re Estate of Piper, the elements of a legally valid inter vivos gift include all of the following except
(Multiple Choice)
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Constructive delivery does not satisfy the delivery requirement for an ef?fective bailment.
(True/False)
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Helen owns heavy construction equipment and the tools to service it, as well as office furniture, including computers. Ilya owns a number of pat?ents, trademarks that identify the products made under those patents, and stock in the company that sells those products. Personal property in?cludes the items owned by
(Multiple Choice)
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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 rea?sonable diligence, that the brakes were worn. Liability for Bob's injuries most likely rests with
(Multiple Choice)
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Ira is declared mentally incompetent. Jay, Ira's son, is named his guard?ian. At Jay's insistence, Ira transfers his assets to Jay "for safekeeping." A court might conclude that this gift is not effective on the ground that there was no
(Multiple Choice)
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Mona asks Ned if she can store her furniture in his garage while she serves a tour of duty with the U.S. Marines Corps. Ned agrees. This is a bail?ment for
(Multiple Choice)
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Luna leases a commercial building to operate Mom's Diner. During the term of the lease, Luna installs a new roof and a walk-in cooler, and repaves the parking lot. Most likely to meet the definition of a trade fix?ture is
(Multiple Choice)
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Grain from Harvest Farms is wrongfully commingled with grain from Idyllic Fields, which obtains possession of all of the grain. This is
(Multiple Choice)
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Beta Company arranges to have Carrier Corporation, a common carrier, transport 500 DVD players from New York to California. Dan is Carrier's driver. Beta will have no cause of action against Carrier if Carrier fails to deliver the players on time because
(Multiple Choice)
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