CHAPTER 16 REVIEWBy Ed Ryan

Page Directory3. 12. 21.4. 13. 22.5. 14.6. 15.7. 16.8. 17.9. 18.10. 19.11. 20.

3. what are the two ways for the possession and control of goods to change?

Consignment, custody Actual Bailments ,Constructive Bailments Custody, Actual Bailments Consignment, Actual Bailments

4. Which is a service provided by a common carrier?

Bailments for hire Bailments for services Bailments for transport

5. Under which would be a tool rental service?

Bailments for hire Bailments for services Bailments for transport

6. Common Carriers must exercise what kind of care towards items in

there care for transport? Extraordinary Ordinary Minimal Gratuitous

7. True or False: A friend borrowing a game from you is a good example of a bailment for the sole

benefit of the Bailor?

True False

8. It is possible for a person to have temporary control of

another's property yet not have a bailment.

True False

9. A ________ may charge demurrage

Recipient of the shipped goods Manufacturer of the shipped goods Common carrier All of the above

10. A gratuitous bailment does not arise from a contract.

True False

11. A gratuitous bailment for the sole benefit of the bailee does not require a duty of care that is extraordinary.

True False

12. If you rent a locker and put personal items inside, and keep

they key to the locker. Has a bailment been created?

True False

13. In a Bailment. The party that accepts possession and control of

the property is the_______ Bailor Bailee

14. The Fees a Common Carrier receives for use of its vehicle in the

event that it is loaded or unloaded on the agreed time is called.

Incidental Charges Demurrages A Carriers lien

15. The level of care that must be held over a bailed item is determined by

The value of the bailed property Whether a Bailor is a merchant or not The type of bailment The parties involved

16. Which of these can end a bailment?

Death Bankruptcy Insanity All of the above

17. This occurs when a person has temporary control of another's property, without a bailment.

Consignment Custody Carrier’s lien Holding

18. _____ Is a sign, label ,or warning reducing the Bailee’s

duty of care. Notice Signal Warning sign Disclaimer

19. A person hired to guard a piece in a museum has______ over the property

Possession Bailment Ownership None of the Above All of the Above

20. In a consignment, the retailer is a bailee

True False

21. Duty of care when the bailment is involuntary

Minimal Average Extraordinary

22. Bailment in which one party receives no benefit

Mutual benefit bailment Gratuitous bailment Constructive bailment Actual bailment

Correct!

INCORRECT!