Which of These Elements Determine the Existence of a Bailment

question 40

Multiple Choice

Which of these elements determine the existence of a bailment?

• A) A separation of ownership and possession of the property.
• B) A duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions.
• C) Neither of these.
• D) Both a  separation of ownership and possession of the property  and also a  duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions.

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Definitions:

Firm's Stock

The shares of ownership in a corporation that represent a claim on the company's earnings and assets.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, often used by investors to gauge the income-generating ability of a stock.

Capital Gains Yield

The increase in the price of an investment or asset, expressed as a percentage of the initial purchase price.

Total Rate of Return

The comprehensive yield on an investment over a specific period, considering both capital gains and dividends or interest, expressed as a percentage of the initial investment.