Team 1 Courts often find disclaimers not enforceable B. True C. False

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Presentation transcript:

Team 1 Courts often find disclaimers not enforceable B. True C. False $1,000,000 $500,000 $250,000 Courts often find disclaimers not enforceable $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. True C. False $400 $300 $200 $100

Team 2 The bailee must return the goods to the bailor and no one else. $1,000,000 $500,000 $250,000 $125,000 The bailee must return the goods to the bailor and no one else. $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True $400 $300 $200 C. False $100

Team 1 $1,000,000 $500,000 $250,000 Temporary possession and control of goods is the focus of the bailment relationship $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True B. False $400 $300 $200 $100

Team 2 Both bailor and bailee must intend that the goods be returned. $1,000,000 $500,000 $250,000 $125,000 Both bailor and bailee must intend that the goods be returned. $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True B. False $400 $300 $200 $100

Team 1 The subject of the bailment must be real property A. True $1,000,000 $500,000 $250,000 $125,000 The subject of the bailment must be real property $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True B. False $400 $300 $200 $100

Team 2 $1,000,000 $500,000 $250,000 $125,000 A bailee entitled to payment may exercise the bailee’s lien in mutual-benefit bailments $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. True $400 $300 $200 C. False $100

Team 1 $1,000,000 $500,000 $250,000 When there is no difference between one unit of the goods and another, the goods are said to be fungible $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True $400 $300 $200 C. False $100

Team 2 $1,000,000 $500,000 $250,000 $125,000 Actual bailments and constructive bailments are two ways to transfer possession and control of goods $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 C. False A. True $400 $300 $200 $100

Team 1 $1,000,000 $500,000 $250,000 Minimal care means that the bailee will be liable if negligent in some way. $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. True $400 $300 $200 D. False $100

Team 2 $1,000,000 $500,000 $250,000 $125,000 A gratuitous bailment for the sole benefit of the bailee requires a duty of care that is extraordinary. $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. True $400 $300 $200 C. False $100

Team 1 $1,000,000 $500,000 $250,000 $125,000 __________ means there is no difference between one unit of the goods and another $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Fungible B. Fufillment $400 $300 $200 $100

Team 2 The ____ is the party who gives up possession of the property. $1,000,000 $500,000 $250,000 The ____ is the party who gives up possession of the property. $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. bailee B. Bailor $400 $300 $200 $100

Team 1 $1,000,000 $500,000 $250,000 In business law, property or goods contrast with services since service are always intangible. $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True $400 $300 $200 B. False $100

Team 2 $1,000,000 $500,000 $250,000 $125,000 In the bailment relationship, the bailor is the party who accepts possession and control $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. True $400 $300 $200 C. False $100

Team 1 $1,000,000 $500,000 $250,000 $125,000 In order for a bailment to arise, both possession and control of the goods must shift from the bailor to the bailee $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. True $400 $300 $200 D. False $100

Team 2 $1,000,000 $500,000 $250,000 A bailment for services arises when the bailor, for a fee, provides personal property $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. True $400 $300 $200 C. False $100

Team 1 When only one of the parties benefits from the bailment $1,000,000 $500,000 When only one of the parties benefits from the bailment $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. A gratuitous bailment arises $400 B. An extraordinary bailment arises $300 $200 C. An involuntary bailment arises D. A mutual-benefit bailment arises $100

Team 2 Elements of bailment do not include $1,000,000 $500,000 $250,000 Elements of bailment do not include $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. Possession and control of the goods by the bailee A. Personal property $400 $300 $200 C. Real property D. Return of identical or fungible goods $100

Team 1 A. The parties mutually agree to end it $1,000,000 $500,000 $250,000 Bailment ends when $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. The parties mutually agree to end it $400 B. The agreed time has elapsed $300 $200 C. The agreed purpose have been achieved D. Any of these $100

Team 2 A bailment for the sole benefit of a bailor is called $1,000,000 $500,000 $250,000 $125,000 A bailment for the sole benefit of a bailor is called $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Extraordinary care B. Ordinary care $400 $300 $200 C. Minimal care D. Any of these $100

Team 1 A. Involuntary bailment B. Voluntary bailment $1,000,000 $500,000 $250,000 $125,000 After you leave for vacation, your dog digs a hole under the fence and escapes. Your neighbor finds your dog and takes care of it until you return. What type of bailment exists in this situation? $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Involuntary bailment B. Voluntary bailment $400 $300 $200 C. Constructive bailment D. None of these $100

Team 2 A. contract B. disclaimer C. legislation D. Any of these $1,000,000 $500,000 $250,000 $125,000 The nature of the bailee’s duty of care may be modified by $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. contract B. disclaimer $400 $300 $200 C. legislation D. Any of these $100

Team 1 $1,000,000 $500,000 $250,000 $125,000 When Ed borrows Ned’s van without paying Ned any money for the use of the van, what type of bailment exists? $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Mutual benefit bailment B. Extraordinary bailment $400 $300 $200 C. Gratuitous bailment D. None of these $100

Team 2 $1,000,000 $500,000 $250,000 If Antonio rents a car for one week from Ugly Duckling Rent-A-Car at a price of $109.25, what type of bailments was created? $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Mutual-benefit B. extraordinary $400 $300 $200 C. Ordinary bailment D. involuntary $100

Team 1 $1,000,000 $500,000 $250,000 Involuntary bailments, which arise without the consent of the bailee call for $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Extraordinary care B. Minimal care $400 $300 $200 C. Ordinary care D. All of these $100

Team 2 $1,000,000 $500,000 $250,000 An industry may seek to avoid the duty of care established the common law by $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. contract B. disclaimer $400 $300 $200 C. legislation D. None of these $100

Team 1 $1,000,000 $500,000 $250,000 $125,000 A mutual-benefit, in which consideration is given and received by both bailor and bailee, invokes the duty of $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. Minimal care $400 A. Extraordinary care $300 $200 C. Ordinary care D. Any of these $100

Team 2 Charging demurrage occurs in? A. Bailment for hire $1,000,000 $500,000 $250,000 Charging demurrage occurs in? $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Bailment for hire $400 B. Bailment for services $300 $200 C. Bailment for contract D. Bailment for transport $100

Team 1 $1,000,000 $500,000 $250,000 When a prospective buyer uses the goods to decide whether or not to buy them it is $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. A bailee’s lien B. A carrier’s lien $400 $300 $200 C. A consignment D. A sale on approval $100

Team 2 $1,000,000 $500,000 $250,000 $125,000 When goods are bailed with common carriers and hotels, the duty of care is $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 B. Any of these $400 A. minimal $300 $200 C. Ordinary D. extraordinary $100

Team 1 A. Common carrier B. Consignment C. Sale on approval $1,000,000 $500,000 $250,000 $125,000 Haley cleans our her closet and finds 30 garments she would like to place in Carrie’s resale shop, The Encore Boutique. Carrie takes Haley’s clothes until they are sold or for a period of 60 days without assuming ownership of the clothes. This type of bailment is known as $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Common carrier B. Consignment $400 $300 $200 C. Sale on approval D. Carrier’s lien $100

Team 2 A. Maurice is a bailor B. Coastline is a bailee. $1,000,000 $500,000 $250,000 $125,000 Maurice is hired to work as a security guard as Coastline Computers where he guards the manufacturing and storage facility for Coastline’s computers. Which of the following statements accurately reflects Maurice’s relationship? $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 A. Maurice is a bailor B. Coastline is a bailee. $400 $300 $200 C. Maurice has custody of the computers and is not a bailee. D. Both A and B $100

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