Adam Is Looking for a Job in Marketing

question 188

Multiple Choice

Adam is looking for a job in marketing. He has had some offers and his prospects are promising but he's not yet accepted a job. Amanda lost her job working for Mercury Bicycles because many customers decided they prefer bicycles manufactured by Ultimate Bicycles instead. Who is frictionally unemployed?

• A)Adam but not Amanda
• B)Amanda but not Adam
• C)Adam and Amanda
• D)neither Amanda nor Adam

---

Definitions:

Bailment

Bailment occurs when property is temporarily transferred from its owner (bailor) to another person (bailee) for a specific purpose, without transferring ownership.

Compensation

The act of providing something, typically money, in exchange for loss, service, or injury.

Mislaid Property

Items that are intentionally placed somewhere by their owner and then forgotten, distinguishing from lost or abandoned property.

Lost Property

Items that have been unintentionally left by their owner at a place where they cannot be found.