A Private Carrier's Contract for Transporting Goods Is an Example

question 2

Multiple Choice

A private carrier's contract for transporting goods is an example of: ​

• A)a bailment for the sole benefit of the bailee.
• B)a mutual-benefit bailment.
• C)a bailment for the sole benefit of the bailor.
• D)a conversion of property.

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Definitions:

Material

Important. In securities law, a fact is material if a reasonable person would consider it important in his decision to purchase shares or to vote shares.

Rescind

To withdraw, negate, or overturn a law, order, or agreement.

Asserted

Stated with confidence or declared strongly, typically without providing evidence or proof.

Concealment

The act of hiding or withholding information or facts intentionally.