Please Define the Following Key Terms

question 58

Short Answer

Please define the following key terms.
-Encomienda System

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Definitions:

Common Carrier

A carrier that is licensed to provide transportation services to the public.

Strictly Liable

Being legally responsible for damages or loss, irrespective of fault or intent.

Bailment

The transfer of possession of property from one person to another under agreement that the property will be returned or otherwise disposed of according to the terms of the agreement.

Fixture

An item of property that is attached to a building or land in such a way that it is considered legally part of the property.