Fact Pattern 34-1 ​Truck & Transfer Inc. Agrees to Pick Up Two Containers

question 68

Multiple Choice

Fact Pattern 34-1
​Truck & Transfer Inc. agrees to pick up two containers for United Home Products Corporation and store their contents, to be delivered later. While Truck & Transfer unloads one container, the other disappears from the company's loading dock.
-Refer to Fact Pattern 34-1. These facts give rise to​

• A) ​a presumption of negligence by Truck & Transfer.
• B) a presumption of theft by a third party.
• C) a presumption of theft by Truck & Transfer.
• D) United Home's liability for the container's loss.

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Definitions:

Used Cars

Pre-owned vehicles that have been previously registered and are available for resale, often at lower prices compared to new cars.

Signaling

The action of sending out a signal (often indirectly through actions or attributes) to convey information or intentions in environments with information asymmetries.

Advertising

The practice of promoting products, services, or brands through various media to influence consumer behavior.

Principal

The initial sum of money loaned or invested, excluding any interest or dividends.