Although a Written Agreement Is Not Required for a Bailment

question 46

True/False

Although a written agreement is not required for a bailment of less than a year, because the Statute of Frauds does not apply, it is a good idea to have one.

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Definitions:

Vertebrates

A subphylum of chordates that includes fishes, amphibians, reptiles, birds, and mammals; possess a bony vertebral column.

Common Ancestor

The latest ancestor from whom all members of a specific group directly originate.

Allele Frequency

The proportion of a specific allele in the population. Compare with genotype frequency and phenotype frequency.

Genetic Equilibrium

The condition of a population that is not undergoing evolutionary change (i.e., in which allele and genotype frequencies do not change from one generation to the next). See Hardy–Weinberg Principle.