Exam 47: Personal Property and Bailments

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

A gift causa mor?tis is effective only if the donor dies and the donee lives.

(True/False)
4.8/5
(37)

If an item is capable of being moved, it is most likely classified as per?sonal property.

(True/False)
4.8/5
(42)

Baksheesh owns a house. In the house, on a tile floor is a throw rug. Most likely to meet the definition of a fixture is

(Multiple Choice)
5.0/5
(46)

For an effective bailment, the bailor must retain control, but not neces?sar?ily possession, of the bailed property.

(True/False)
4.9/5
(36)

Fact Pattern 47-1B Town Transport Company 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 47-1B. TTC can avoid liability

(Multiple Choice)
4.8/5
(30)

Tangible personal property has physical substance.

(True/False)
4.9/5
(43)

Common carriers are held to a standard of care based on strict liability in protecting bailed property in their possession.

(True/False)
4.9/5
(34)

Sid borrows Tony's paint sprayer to paint his house. Uma allows Vic to store his posthole digger in her shed. The party with a right to use the bailed property is

(Multiple Choice)
4.9/5
(34)

Roy leaves his pick-up truck at Sam's Auto Service for an oil change. This is a bailment for

(Multiple Choice)
4.7/5
(33)

In most cases, a trade fixture is, and remains, personal property.

(True/False)
4.7/5
(31)

Unlike an ordinary bailee, a warehouse company cannot limit its liability.

(True/False)
4.9/5
(28)

A promise to deliver a gift is constructive delivery.

(True/False)
4.7/5
(37)

Faye owns the land on which Golden Spurs Ranch is situated, plus the ranch house, barn, and other structures permanently attached to the land. Faye's brother Huey owns everything else in the ranch's opera?tion-livestock, feed, and so on. The personal property is owned by

(Multiple Choice)
4.8/5
(44)

A bailment must be in writing to be valid.

(True/False)
4.8/5
(39)

A person acquires title to fungible goods by mixing them.

(True/False)
4.8/5
(31)

Personal property may become real property by attaching it to real property.

(True/False)
4.8/5
(46)

Rhett works at Scarlett's Sandwich Café. After work, in the parking lot, Rhett finds a diamond ring lost by Thalia. Title to the ring is possessed by

(Multiple Choice)
4.7/5
(36)

Jean leaves her prom dress with Kwik 'n Kleen Launderers to be cleaned and altered for the dance. On its return, the dress is greasy and smells bad, and the alterations burst at the seams. Who suffers the loss and why?

(Essay)
4.7/5
(40)

A gift to a dying donee is a gift causa mortis.

(True/False)
4.9/5
(37)

Lauren owns a 1967 Ford Mustang, which Mike customizes and details to Lauren's specifications. The car earns several awards at regional ve?hicle customizing competition shows. The result of Mike's efforts is

(Multiple Choice)
4.8/5
(27)
Showing 21 - 40 of 84
close modal

Filters

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