A Bailment Relationship Was Created Between Vijay and Amanda

question 42

Multiple Choice

A bailment relationship was created between Vijay and Amanda.It was intended to last for two weeks.That period has expired.Amanda now claims that she is entitled to exercise a lien.Which of the following statements is most likely to be TRUE?

• A)Amanda was probably the bailor.
• B)A lien can exist only if it was created by statute.
• C)If Amanda is entitled to enforce a lien, she is also entitled to exercise a right of sale.
• D)A lien does not exist if the goods were legitimately returned to their owner at the end of the bailment.
• E)Amanda must be a common carrier.

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Definitions:

Mean Playing Times

The average duration of play sessions across a defined set of games or activities, calculated by summing all individual playing times and dividing by the number of sessions.

Significance Level

A statistical measure that defines the threshold at which a hypothesis test's result is considered statistically significant, typically denoted as alpha (α).

Independent Random Samples

Samples drawn from a population in such a way that each individual sample is obtained independently and from the same distribution.

Confidence Interval

A range of values derived from sample data that estimates the range within which a population parameter is believed to lie with a certain level of confidence.