All of the Following Are Considered to Be Operating Revenues

question 86

Multiple Choice

All of the following are considered to be operating revenues or expenses that are persistent except

• A)the sale of furniture by a furniture company.
• B)interest expense related to financing with bonds.
• C)depreciation expense on machinery.
• D)cost of delivering goods.

Understand the legal principles of bailment and the liabilities of bailees.

Identify the differing standards of care required by various types of bailees, including common carriers, private carriers, and innkeepers.

Analyze cases of loss or damage within bailment relationships and determine potential liabilities.

Explain the importance of notices and contractual terms in limiting the liability of bailees.