Question 1

A common carrier transporting goods under a COD shipment may:

Accepted Answer

A)  make delivery without first obtaining payment. 
B)  not make delivery without first receiving payment. 
C)  accept a check as payment and have no liability. 
D)  not avoid liability without a signed release. 
A)  make delivery without first obtaining payment. 
B)  not make delivery without first receiving payment. 
C)  accept a check as payment and have no liability. 
D)  not avoid liability without a signed release.

Question 2

If a warehouse receipt provides for the delivery of the goods "to the bearer," the receipt may be negotiated by transfer of the document.

Accepted Answer

A) True 
 B)False

Question 3

A warehouse receipt may be either negotiable or nonnegotiable.

Accepted Answer

A) True 
 B)False

Question 4

If a common carrier delivers goods to the wrong person, the carrier is liable for breach of contract and for the tort of conversion.

Accepted Answer

A) True 
 B)False

Question 5

A common carrier is liable for all delays in the delivery of goods.

Accepted Answer

A) True 
 B)False

Question 6

What is not included in a common carrier's lien on goods that it transports?

Accepted Answer

A)  consequential damages 
B)  demurrage 
C)  costs of preserving the goods 
D)  costs of a sale to enforce the lien 
A)  consequential damages 
B)  demurrage 
C)  costs of preserving the goods 
D)  costs of a sale to enforce the lien

Question 7

The rights and duties of warehousers are regulated by the UCC.

Accepted Answer

A) True 
 B)False

Question 8

A(n) ______is owned and operated by the shipper.

Accepted Answer

A)  common carrier 
B)  public carrier 
C)  contract carrier 
D)  private carrier 
A)  common carrier 
B)  public carrier 
C)  contract carrier 
D)  private carrier

Question 9

The rights of a holder of a warehouse receipt depend on whether the receipt is:

Accepted Answer

A)  negotiable. 
B)  rescissory. 
C)  notarized as a document of title. 
D)  notarized as a bill of lading. 
A)  negotiable. 
B)  rescissory. 
C)  notarized as a document of title. 
D)  notarized as a bill of lading.

Question 10

A transferee's rights to a warehouse receipt may be defeated by a good-faith purchaser of the goods from the transferor of the receipt.

Accepted Answer

A) True 
 B)False

Question 11

In most states, statutes limit or provide a method of limiting the common law liability of a hotelkeeper.

Accepted Answer

A) True 
 B)False

Question 12

Field warehousing is the storage of farm crops in the field where they have been grown.

Accepted Answer

A) True 
 B)False

Question 13

The storage of goods in a warehouse and the shipment of goods by a common carrier are examples of special bailments.

Accepted Answer

A) True 
 B)False

Exam 21: Legal Aspects of Supply Chain Management

A common carrier transporting goods under a COD shipment may:

If a warehouse receipt provides for the delivery of the goods "to the bearer," the receipt may be negotiated by transfer of the document.

A warehouse receipt may be either negotiable or nonnegotiable.

If a common carrier delivers goods to the wrong person, the carrier is liable for breach of contract and for the tort of conversion.

A common carrier is liable for all delays in the delivery of goods.

What is not included in a common carrier's lien on goods that it transports?

The rights and duties of warehousers are regulated by the UCC.

A(n) ______is owned and operated by the shipper.

The rights of a holder of a warehouse receipt depend on whether the receipt is:

A transferee's rights to a warehouse receipt may be defeated by a good-faith purchaser of the goods from the transferor of the receipt.

In most states, statutes limit or provide a method of limiting the common law liability of a hotelkeeper.

Field warehousing is the storage of farm crops in the field where they have been grown.

The storage of goods in a warehouse and the shipment of goods by a common carrier are examples of special bailments.

The Nature and Sources of Law

The Court System and Dispute Resolution

Business Ethics, Social Forces, and the Law

The Constitution As the Foundation of the Legal Environment

Government Regulation of Competition and Prices

Administrative Agencies

Crimes

Torts

Intellectual Property Rights and the Internet

The Legal Environment of International Trade

Nature and Classes of Contracts: Contracting on the Internet

Formation of Contracts: Offer and Acceptance

Capacity and Genuine Assent

Consideration

Legality and Public Policy

Writing, Electronic Forms, and Interpretation of Contracts

Third Persons and Contracts

Discharge of Contracts

Breach of Contract and Remedies

Personal Property and Bailments

Nature and Form of Sales

Title and Risk of Loss

Product Liability: Warranties and Torts

Obligations and Performance

Remedies for Breach of Sales Contracts

Kinds of Negotiable Instruments and Negotiability

Transfers of Negotiable Instruments and Warranties of Parties

Liability of the Parties Under Negotiable Instruments

Checks and Funds Transfers

Nature of the Debtor Creditor Relationship

Consumer Protection

Secured Transactions in Personal Property

Bankruptcy

Insurance

Agency

Third Persons in Agency

Regulation of Employment

Equal Employment Opportunity Law

Types of Business Organizations

Partnerships

LPs, LLCs, and LLPs

Corporate Formation

Shareholder Rights in Corporations

Securities Regulation

Accountants Liability and Malpractice

Management of Corporations

Real Property

Environmental Law and Land Use Controls

Leases

Decedents Estates and Trusts

Filters