Which of the Following Is Not a Classification of Ordinary

question 30

Multiple Choice

Which of the following is not a classification of ordinary bailments?

• A) for the sole benefit of the bailor
• B) for the sole benefit of the bailee
• C) for the sole benefit of the third party beneficiary
• D) for the mutual benefit of the bailor and the bailee

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Definitions:

Diagram

A graphical representation of information or data, typically used to visualize complex relationships or processes.

Consumer Expenditures

The total amount of money spent by consumers on goods and services in a given period.

Income

Income is the financial gain or revenue received by an individual, company, or entity, typically through work, investment, or business ventures.

Resource Market

A marketplace where productive resources (like labor, capital, and raw materials) are bought and sold.