Which of the Following Statements Is False Regarding Bailments

question 40

Multiple Choice

Which of the following statements is false regarding bailments?

• A)A bailment may be for consideration.
• B)A bailment agreement must be contained in a written agreement.
• C)The standard of care varies depending on who benefits from the bailment.
• D)A bailment may be gratuitous.
• E)The parties to a bailment contract can limit or expand the liability of the bailee by contract.

---

Definitions:

Tainos

Indigenous peoples of the Caribbean, the first Native Americans to encounter Christopher Columbus and his men upon their arrival in the New World.

Lucrative Relations

Relationships, either between countries or businesses, that are highly profitable and beneficial to the parties involved.

Civilization

A complex society characterized by the development of forms of government, social stratification, urbanization, and symbolic systems of communication such as writing.