1. Michael O’Connor Mrs. Cole 3-1-12 Business law class
Chapter 16 review
Michael O’Connor
Mrs. Cole
3-1-12
Business law class

2. When a person has custody over a painting do they own it?
True
False
True
False

3. A disclaimer is a… A. Sign B. Label C. Warning D. All the above
D. All of the above

4. The subject of the bailment must be real property.
True
False
True
False

5. A gratuitous bailment for the sole benefit of the bailee requires a duty of care that is extraordinary.
True
False
True
False

6. A catering company rents two large canopies to Linda and Mark for their wedding for a fee of $1,200. Because a fee is involved, this is an example of:
A. sale on approval
B. bailee's lien
C. bailment for hire
D. involuntary bailment C

7. A bailment ends when the parties mutually agree to end it.
TRUE
FALSE
True
False

8. If you lend a lawn mower to a neighbor, you have created a bailment!
TRUE
FALSE
True
False

9. In a mutual-benefit bailment, the bailor's main duty is to
A. provide income for the bailee
b. return goods
c. provide goods fit for the intended purpose
d. provide appropriate services
Provide income for the bailee
Return good
Provide goods fir for the intended purpose
Provide appropriate services

10. Agreeing to take care of your neighbors' yard during their vacation would require you to exercise!
A. extraordinary care.
B. ordinary care.
C. minimal care.
D. any of the above
Extraordinary care
Ordinary care
Minimal care
All of the above

11. Correct! Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9

12. Try again!