Exam 34: Personal Property and Bailments

If the bailed property has been lost or is returned damaged, a court will presume that the bailee was negligent.

Mallory’s sister Naomi gives Mallory a leather working kit. Mallory uses the kit to make a saddle. Mallory’s acquisition of the saddle is by

In contemplation of death during risky surgery, Donnelly, a guitarist, gives his guitars to Cathy. The surgery is successful, and Donnelly does not die. The gift of the guitars is​

Garth tells his daughter Heidi that she can have his restored 1932 Ford Coupé when he dies, but he does not add this to his will. This is

Someone who finds abandoned property acquires title to it and that title is good against the whole world, except the original owner.

Manufacturers acquire ownership of their work through production.

Accession occurs when someone adds value to an item of personal property by the use of labor or materials.

Rhett works at Scarlett's Service Station. After work, in the station's restroom, Rhett finds a diamond ring lost by Thalia. Title to the ring is possessed by​

Bram finds a tablet on the counter at Caffe Café. He takes the tablet to a police station. A police officer tells Bram that if the tablet is not claimed by a certain time, Bram can obtain title to it. This is acquiring possession by​

To be effective, a gift causa mortis must meet only two requirements: intent and acceptance.

All transactions involving the delivery of property from one person to another create a bailment.

Ruby stores her furniture with Stow-Away, Inc., under a contract that excuses the warehouser from liability for any damage. A fire due to Stow-Away's negligence destroys the furniture. The loss is most likely to be imposed on​

Earth's Bounty Farms arranges to have Fresh Express, Inc., a common carrier, transport a load of almonds from California to Delaware. Greg is Fresh Express's driver. Fresh Express will not be liable to Earth's Bounty for failing to deliver the almonds on time if​

Tangible personal property has physical substance.

Nancy asks Octavio if she can store her car in his garage while she serves in the U.S. Peace Corps. Octavio agrees. This is​

GR8 Vision, Inc., hires Haul-Way Company to transport fifty large-screen HDTVs from GR8's warehouse in San Diego to an Ideal Electronics retail store in Phoenix. The bailee is​

The owner of the place where property was mislaid becomes the caretaker of the property.

Gretel, an inventor, has tools in her workshop, including hammers, a table saw, and drills. She has a patent on her most recent invention, a kitchen gas grill. She licenses the patent to Housewares, Inc. Her tangible personal property includes​

Ester sells stock in Fast Food Franchise Inc. to Gayle. Ester does not hand the stock certificates to Gayle, but gives her the key to a safety-deposit box in Heartland Bank in which the certificates are locked. This is

When you board a plane as a passenger, a bailment is created.