Which of These Elements Determine the Existence of a Bailment

question 13

Multiple Choice

Which of these elements determine the existence of a bailment?

• A)A separation of ownership and possession of the property.
• B)A duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions.
• C)Neither of the above.
• D)Both (a) and (b) are correct.

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Definitions:

Large Organisations

Entities that operate on a vast scale, often with extensive human and capital resources, complex structures, and wide geographical reach.

Contingency Factors

Variables or conditions that influence the effectiveness of management strategies and affect organizational performance.

Organisational Design

The process of shaping an organization's structure, roles, and processes to effectively achieve its goals and adapt to environmental changes.

Technology

Technology encompasses the tools, systems, and processes that are created and used to solve problems or improve efficiency, ranging from simple implements to complex machinery and information systems.