Which of the Following Statements About Safety-Deposit Boxes Is False

question 32

Multiple Choice

Which of the following statements about safety-deposit boxes is false?

• A)Most courts have concluded that the renter of the box is a bailor and the bank is a bailee.
• B)The bank is not the insurer of the contents of the box.
• C)The bank is obligated to use due care.
• D)The bank is not required to explain loss of or damage to the property entrusted to it.

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Definitions:

Occupiers' Liability Act

The Occupiers' Liability Act is legislation that defines the duty of care owed by individuals or entities in control of premises to those who enter the premises.

Volenti No Fit Injuria

A legal principle that means no injury is done to a person who willingly consents to or understands the risk of harm or injury in their actions.

Contributorily Negligent

A legal doctrine where a plaintiff's own negligence partially contributes to the harm they suffered.

Occupiers' Liability Act

Legislation that defines the duty of care owed by those who control land or buildings towards individuals who enter or use their premises, to ensure safety and prevent harm.