A Bailment Relationship Was Created Between Vijay and Amanda

question 35

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 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:

Antitrust

Legislation enacted to increase competition in the marketplace by preventing monopolies, anti-competitive practices, and other unfair business tactics.

Bankruptcy

The legal process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts.

Writ of Certiorari

A court order that directs a lower court to deliver its record in a case so that the higher court may review it.

En Banc Appeal

A type of appeal in which the case is heard before all judges of an appellate court rather than by a panel of judges selected from them, typically reserved for cases of exceptional importance.