1. Bailments Chapter 20 Review
Business Law II
Bailments
Chapter 20 Review

2. Bailment Relations
A bailment involves a transfer of ________ possession.
Temporary

3. Bailment Relations
The party who gives up possession of property is the _______.
Bailor

4. Bailment Relations
__________ occurs when a person has temporary control of another’s property, but no bailment is present.
Custody

5. Bailment Relations
The party who accepts possession and control of property is the _______.
Bailee

6. Bailment Relations
What kind of property can be bailed?
Personal

7. Bailment Relations
What kind of bailment occurs when the bailee receives and accepts a symbol of the personal property?
Constructive

8. Bailment Relations
What kind of bailment occurs when the bailee receives and accepts the goods themselves?
Actual

9. Bailment Relations
What term means there is no difference between one unit of the goods and another?
Fungible

10. Bailment Relations
What occurs when a person has temporary control of another’s property but no bailment is present?
Custody

11. Bailment Relations
What condition of a bailor or a bailee can end a bailment?
Incapacity

12. Duties in Bailments
A type of bailment that occurs without the consent of the bailee.
Involuntary Bailment

13. Duties in Bailments
The right to retain possession of goods until payment is made.
Bailee’s Lien

14. Duties in Bailments
What type of care when the bailee will be strictly liable for any damage, loss, or injury to the goods.
Extraordinary Care

15. Duties in Bailments
A type of bailment where consideration is given and received by both the bailor and the bailee.
Mutual-benefit bailment

16. Duties in Bailments
The bailee will be liable if negligent in some way.
Ordinary Bailment

17. Duties in Bailments
A type of bailment where goods are bailed with common carriers and hotels.
Extraordinary Bailment

18. True or False
Common carriers can retain possession of the goods until the charges for transportation are paid.
True

19. True or False
A retailer who displays and sells consigned goods is a bailor.
False

20. True or False
Passengers who are transported by common carriers are governed by bailment laws.
False

21. True or False
A bailment for service occurs when a person delivers goods to be serviced, repaired, or made into a finished article.
True

22. True or False
Courts often find disclaimers not enforceable.
True

23. Any Questions?