Jack and Reba Purchased Some Furniture on a Conditional Sale

question 12

Multiple Choice

Jack and Reba purchased some furniture on a conditional sale contract.This couple carries no insurance on their household goods.The furniture is stolen one Sunday afternoon.Who will most likely take the loss?

• A)the thieves,since this is a liability claim and they are to blame
• B)the merchant,since they still hold title and have insurance covering their insurable interests
• C)the state,since this is a criminal case
• D)the bailee,since this is a bailment for value on the sale of goods
• E)this couple,because the conditional sale contract gives them strict liability

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Definitions:

Dim Light

A low-intensity illumination that provides a subdued or soft light environment, often creating a calming or romantic atmosphere.

Colour Vision

The skill of the visual system in identifying objects according to the light wavelengths they emit, reflect, or allow to pass.

Pupil

The pupil is the adjustable opening in the center of the iris of the eye, through which light enters and is focused on the retina.

Iris

The colored ring of muscle around the pupil of the eye, responsible for controlling the size of the pupil and thus the amount of light reaching the retina.