Regarding Bailments, Which of the Following Is TRUE

question 52

Multiple Choice

Regarding bailments, which of the following is TRUE?

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

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Definitions:

Internal Conflict

The struggle occurring within a person’s mind, often between different desires, impulses, or values.

Unconscious Motivation

Drives and desires that influence an individual's behavior and decisions, of which they are not consciously aware.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Ivan Pavlov

A Russian physiologist known for his work in classical conditioning, demonstrating how environmental stimuli can trigger responses in animals.