In a Bailment of Common Carriage,where the Bailor Proves That

question 54

Multiple Choice

In a bailment of common carriage,where the bailor proves that the goods were given to the bailee in good condition but were returned damaged,the bailee will be held liable unless it can show that the damage was caused by

• A)the default of the bailor,an act of God,or the dangerous condition of the goods.
• B)an act of God or dangerous condition of the goods only.
• C)the default of the bailor or dangerous condition of the goods only.
• D)the default of the bailor or an act of God only.
• E)none of the above

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Definitions:

Final Goods And Services

Products that have been processed to their final form and are available for consumption or investment without further modification.

Final Good

A product that is consumed by the end user and does not require any further processing or manufacturing.

Real GDP

Gross Domestic Product adjusted for inflation, representing the value of all goods and services produced by an economy in a given year in constant prices.

Nominal GDP

The gross domestic product measured at current market prices, without adjusting for inflation, representing the value of goods and services produced.