Sylvia Is a Student Who Has Parked Her Car in a University

question 63

True/False

Sylvia is a student who has parked her car in a university parking lot.To enter the lot she had to swipe her ID card to gain access.During class,a thief has broken into her car and stolen her computer.The school is liable to her under a bailment relationship if they did not exercise proper care in the protection of her car.

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Definitions:

Debt

Money that is owed or due to be paid to someone else.

Breach Of Contract

Failure to live up to the terms of a contract.

Condition

A stipulation in a contract that must be met for the contract to be legally binding, or an event whose occurrence or non-occurrence affects the validity of the contract.

Warranty

A guarantee, provided by a seller or manufacturer, assuring the quality, performance, or lifespan of a product, often implying repair or replacement if specifications are not met.