What Is the Best Possible Solution for a Bailee If

question 12

Multiple Choice

What is the best possible solution for a bailee if there is a third-party,who claims to have superior rights to those of the bailor for possession of the bailed property?

• A)He should give the bailed property to the third person.
• B)He should give the bailed property to the bailor.
• C)He should bring the third-party claimant into a lawsuit along with the bailor.
• D)In such a case,the bailee will always get possession of the bailed property.

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A process by which a company offers its existing shareholders the opportunity to buy additional shares at a discounted price before the new shares are offered to the public.

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The contemporary price at which the market allows an asset or service to be bought or sold.

Rights Offering

A mechanism in finance, particularly in stock markets, where companies offer existing shareholders the right to buy additional shares at a discounted price before selling them to the public.