The Creation of a Bailment Depends Upon Proof That

question 59

Multiple Choice

The creation of a bailment depends upon proof that

• A) the bailee provided consideration to the bailor.
• B) the parties intended to transfer ownership.
• C) the bailor was in the business of dealing with the type of goods in question.
• D) at least one of the parties owned the property at all times.
• E) the bailee delivered something to the bailor.

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Definitions:

Federal Law

Legislation enacted by the national government of a country.

Judgment Debts

Money that a court has ordered one party to pay another party as a result of a legal judgment.

Property Taxes

Taxes imposed by local governments on real estate based on the property's assessed value, used to fund public services.

Assessments

Evaluations or appraisals to determine the value, performance, or condition of something, often used in educational, professional, or property contexts.