When a Bailor's Goods Are Not Returned or Are Returned

question 65

Multiple Choice

When a bailor's goods are not returned or are returned in a damaged condition

• A)the bailor must satisfy the court that the standard of care fixed for the bailment was not maintained.
• B)the bailor must prove that a bailment existed and show his loss.
• C)the bailee's liability will be limited by the existence of an exemption clause that is brought to the bailor's attention before the bailment is completed.
• D)a bailee will not be liable if it was a gratuitous bailment as there was no consideration in the arrangement.
• E)b and c.

Differentiate between the revenue and profit maximization goals in monopolistic settings.

Explain the effect of market power on pricing strategies and consumer welfare.

Understand the importance and guidelines of good writing skills in legal documentation.

Identify the critical factors to consider before starting a legal writing assignment.

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