Which of the Following Is Not a Duty of a Bailee

question 43

Multiple Choice

Which of the following is not a duty of a bailee?

• A) The bailee must at his or her own expense maintain the property.
• B) The bailee must take reasonable care of the bailed property.
• C) The bailee must use the bailed property only as stipulated in the bailment agreement.
• D) The bailee must not alter the bailed property in any unauthorized manner.
• E) The bailee must return the bailed property in good condition at the end of the bailment.

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Definitions:

NPV

Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or project by discounting all expected future cash flows back to their present value.

Profitability Index

A financial tool that calculates the relationship between the costs and benefits of a project by dividing the present value of future cash flows by the initial investment cost.

Mutually Exclusive

Situations or events that cannot occur at the same time—choosing one precludes the selection of the other.

Negative Net Present Value

A financial metric indicating that the present value of cash inflows is less than the present value of cash outflows, suggesting the investment is not financially viable.