The Justness of Requiring International Suppliers to Adhere to American

question 81

True/False

The justness of requiring international suppliers to adhere to American ethical standards is clear-cut.

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Definitions:

Bailment Period

The duration during which personal property is legally entrusted to someone who is not the owner, under a contract for a specific purpose.

Bailment

A legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person (the bailor) to another (the bailee) who subsequently has possession of the property.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations enforceable by law.

Gratuitous Bailment

A bailment where the bailee holds the bailed property without receiving compensation, doing it for the bailor's benefit only.