Relevant Information Refers to Information That Is

question 16

Multiple Choice

Relevant information refers to information that is

• A)useful to both the context and the subject at hand.
• B)good for the purpose for which it is generated.
• C)produced in time for its intended use.
• D)worth the value paid to generate it.
• E)correct and complete.

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Definitions:

Involuntary Bailment

A situation where an individual unintentionally comes into possession of someone else's property and has a legal duty to take care of it.

Bailor

The owner giving up possession of property in a bailment.

Bailee

The person acquiring possession of personal property in a bailment.

Gratuitous Bailment

A situation where property is voluntarily transferred into another's custody without expectation of payment.