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Which of the following guidelines about readers is NOT accurate?
Goods In Bailment
Items that are temporarily transferred into another's custody for a specific purpose, but ownership is not transferred.
Risk Of Loss
The potential for an asset to be lost, damaged, or destroyed, impacting its owner's financial position.
Goods-In-Bailment Contract
An agreement where personal property is transferred temporarily into the custody of another for a designated purpose.
Negotiable Document
A document guaranteeing the transfer of certain rights which can be transferred from one party to another through endorsement or delivery.
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