Regarding Bailments,which of the Following Is TRUE

question 12

Multiple Choice

Regarding bailments,which of the following is TRUE?

• A)Articles held under bailment form assets available to creditors in bankruptcy.
• B)Bailments are not confined to personal property.
• C)Trusts are bailments because there is a transfer of property.
• D)Chequing accounts at the bank are a form of bailment.
• E)Contents in a safety deposit box are a form of bailment.

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Definitions:

Confidence Interval

An ensemble of values, from statistical analysis of samples, believed likely to encircle the value of a clandestine population parameter.

Female Students

A demographic category referring to students identified as female.

Science Programs

Organized courses of study or curricula that focus on scientific principles, methodologies, and the accumulation of knowledge in areas such as biology, chemistry, physics, and earth science.

Confidence Interval

An estimated range of values within which the parameter of a population is expected to lie, given a specified level of confidence, used in inferential statistics to estimate population parameters.