If Goods Are Damaged While in the Possession of a Bailee,the

question 4

True/False

If goods are damaged while in the possession of a bailee,the bailee is strictly liable.

---

Definitions:

Annual Dividend

The total dividend payment a shareholder receives from a company in one fiscal year, based on the number of shares owned.

Stock Yield

The annual percentage of return that is received from the dividend payments made by a stock, calculated as the annual dividends per share divided by the stock's current price.

4-day SMA

A short-term moving average that calculates the average of the last four days' prices or values in financial analysis.

Closing Prices

The final price at which a security is traded on a given trading day, used for record-keeping and performance evaluation.