Which of the Following Is True Regarding Bailments

question 37

Multiple Choice

Which of the following is true regarding bailments?

• A)A change of ownership does not occur;the bailee is only putting his or her property in the bailor's custody.
• B)The courts want to keep contracts alive,so they will often rescind a bailment.
• C)Under a bailment arrangement,there can arise a time when the possessor can sell the goods against the owner's wishes.
• D)If Sally were suing her dry cleaners for the loss of her coat,Sally must prove that the dry cleaners were negligent.
• E)John put his house under the care of a neighbour until he returns from vacation.For John to take custody of it again is an example of a bailment.

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Definitions:

Highly Significant

A statistical term indicating that the results observed are very unlikely to have occurred by chance alone, often used for results with very low p-values.

Statistical Significance

Indicates that the probability of the observed results occurring under the null hypothesis is low, suggesting the results are not due to random chance.

Probability

A measure of the chance or likelihood that a certain event will occur, often quantified as a fraction or percentage.

Variance

A statistical measure of the dispersion representing how much the values in a data set differ from the mean of the data set.