Harry's Lawn Mower Ceased to Work,and in Order to Get

question 16

Multiple Choice

Harry's lawn mower ceased to work,and in order to get the lawn mowed,he borrowed his neighbour's lawn mower.Which one of the following is correct with respect to Harry's responsibility in relation to that lawn mower?

• A)Because the lawn mower is valuable,this is an example of a bailment for value.
• B)This is a voluntary bailment and,as such,Harry has no legal obligation to look after the lawn mower.
• C)This is a voluntary bailment for Harry's benefit and,as such,Harry has a duty to be reasonably careful that no harm or accident comes to that lawn mower.
• D)Because Harry has borrowed the lawn mower,he is obligated to return it in the condition it was given and is liable for any damage or loss no matter what the reason.
• E)If,when Harry asked his neighbour to borrow the lawn mower,the neighbour was reluctant to loan it to Harry but did so anyway,this is an example of an involuntary bailment.

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Definitions:

Extra Inputs

Additional resources or factors of production, such as labor or materials, that are used to increase output or efficiency.

Bottleneck

A point of congestion or blockage in a system, process, or production line that significantly delays or prevents progress.

Fixity of Production

The characteristic of production processes where inputs and outputs are fixed in the short term, allowing little flexibility.

Average Costs

is the total costs divided by the quantity produced, used to determine the cost of producing one unit of goods or services.