A Gift Is Different from a Bailment Because:​

question 79

Multiple Choice

A gift is different from a bailment because:​

• A)a gift requires delivery, but a bailment does not.
• B)in a gift, both possession and ownership is transferred whereas in a bailment only possession is transferred
• C)a gift is always a contract, but a bailment is generally not a contract.
• D)a gift requires consideration, but a bailment does not.

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Definitions:

Population Proportion

The fraction or percentage of members in a population that exhibit a particular trait or characteristic.

Confidence Level

The percentage of times that a confidence interval, if repeated from multiple samples, would encompass the true population parameter.

Population Parameter

A numerical value that represents a characteristic of an entire population, such as mean or variance.

Sample Size

The number of subjects or units selected from a population to be studied in a statistical sample.