Which of the Following Is an Example of a Bailment

question 10

Multiple Choice

Which of the following is an example of a bailment for the sole benefit of the bailor?

• A) A laundry and dry cleaning contract
• B) Sally leaving the keys of her house with her neighbor while she goes on vacation
• C) Ken borrowing a suit from his friend for his graduation ceremony
• D) Matt giving the keys of his car to a parking garage attendant after paying the parking fee

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Definitions:

Efficient Markets Hypothesis

The theory that all available information is already reflected in stock prices, implying that it is impossible to consistently achieve higher returns.

Semistrong-Form

A theory related to the Efficient Market Hypothesis that asserts all public information is already reflected in stock prices, along with historical information.

Weak-Form

In finance, a hypothesis suggesting that past stock prices and volumes are not predictive of future stock prices.

Weak Form

Assumes that all information contained in past price movements is fully reflected in current market prices. Thus, information about recent trends in a stock’s price is of no use in selecting a stock.