Which of the Following Statements Is Correct with Respect to the Creation

question 49

Multiple Choice

Which of the following statements is correct with respect to the creation of a bailment?

• A) For a bailment to be created, it is necessary for the parties to have anticipated that the property would be returned at the end of the bailment period.
• B) For a bailment to be created, the property must be given with the understanding that payment would be given for the service.
• C) Bailments can only be created through contracts.
• D) A bailment is not created when the transfer of the property is only done incidentally, such as leaving a watch with a watchmaker for repair.
• E) A bailment is the process provided for releasing people from jail before trial.

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Definitions:

Gratitude

The feeling of appreciation or thanks towards people, situations, or things, enhancing overall wellbeing.

Positive Emotion

Feelings that are enjoyable or bring happiness to an individual, such as joy, contentment, and love.

Crisis

A critical or difficult situation that requires immediate attention and action to be resolved.

Smiling

the act of expressing happiness, friendliness, or amusement through an upward curving of both corners of the mouth, often accompanied by activation of the eyes.