Question 1

Logan borrows Morris's bike to ride over mountain trails. The bike is damaged during the ride. Liable for the cost of repairing the bike is​

Accepted Answer

A)  ​Logan and Morris in equal measure. 
B)  ​Logan. 
C)  ​Morris. 
D)  ​all of the choices. 
A)  ​Logan and Morris in equal measure. 
B)  ​Logan. 
C)  ​Morris. 
D)  ​all of the choices.

Question 2

For estray statutes to apply, property must be mislaid, not merely lost.

Accepted Answer

A) True 
 B)False

Question 3

A finder of lost property can claim title to the property against the whole world-including the true owner.

Accepted Answer

A) True 
 B)False

Question 4

The implied warranties of merchantability and fitness for a particular purpose extend to bailments that include rights to use the bailed goods.

Accepted Answer

A) True 
 B)False

Question 5

EquipLease Company leases a thresher to Farm Harvest, Inc., a firm that contracts with farm owners to harvest their crops. The machine is seriously damaged through Farm Harvest's neglect. Most likely liable for the damage is​

Accepted Answer

A)  ​EquipLease. 
B)  ​Farm Harvest. 
C)  ​the farm owners. 
D)  ​no one. 
A)  ​EquipLease. 
B)  ​Farm Harvest. 
C)  ​the farm owners. 
D)  ​no one.

Question 6

Shari owns a television, video games, and stock in the game company Time Travel, Inc. Shari's intangible property includes​

Accepted Answer

A)  ​the television. 
B)  ​the games. 
C)  ​the stock. 
D)  ​all of the choices. 
A)  ​the television. 
B)  ​the games. 
C)  ​the stock. 
D)  ​all of the choices.

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Constructive delivery is not necessary for gifts of intangible personal property.

Accepted Answer

A) True 
 B)False

Question 9

In a bailment of fungible goods, the bailee must return the identical goods given by the bailor.

Accepted Answer

A) True 
 B)False

Question 10

Estray statutes make it possible for finders to acquire legal title to the property they find.

Accepted Answer

A) True 
 B)False

Question 11

Fact Pattern 27-1
Truck & Transfer Inc. agrees to pick up two containers for United Home Products Corporation and store their contents, to be delivered later. While Truck & Transfer un-loads one container, the other disappears from the company's loading dock.
-Refer to Fact Pattern 27-1.These facts give rise to​

Accepted Answer

A)  ​a presumption of negligence by Truck & Transfer. 
B)  ​a presumption of theft by a third party. 
C)  ​a presumption of theft by Truck & Transfer. 
D)  ​United Home's liability for the container's loss. 
A)  ​a presumption of negligence by Truck & Transfer. 
B)  ​a presumption of theft by a third party. 
C)  ​a presumption of theft by Truck & Transfer. 
D)  ​United Home's liability for the container's loss.

Question 12

Barney's Burgers requires that its employees wear uniforms and protective clothing on the job. Barney's provides a locker room for the employees to leave their street clothes and personal items while working. A sign on the back of the locker room door states, "Barney's is not responsible for the loss of any property in the locker room." Chuck, a Barney's employee, changes his clothes in the locker room before starting work and leaves his wallet and watch in a pocket of his jacket hanging in his locker. When he returns after his shift, the wallet and watch are gone. Does Chuck's leaving personal items in the locker room constitute a bailment? If so, what type of bailment? If not, what legal relationship is it? Does Barney's sign exculpate the company for Chuck's loss? Why or why not?​

Accepted Answer

Employees' storing of personal property

Question 13

Oleg takes a PowerMade-brand rototiller to QuikFix Inc. for repairs. Lacking certain parts, QuikFix ships the rototiller to Repair & Parts Company. While in Repair & Parts's possession, the machine is damaged. QuikFix can recover for the damage from​

Accepted Answer

A)  ​no one. 
B)  ​Oleg. 
C)  ​PowerMade. 
D)  ​Repair & Parts. 
A)  ​no one. 
B)  ​Oleg. 
C)  ​PowerMade. 
D)  ​Repair & Parts.

Question 14

Angela is in good health and sound mind when she gives Brianna a quarter horse. Brianna accepts. This is a gift​

Accepted Answer

A)  ​inter vivos. 
B)  ​causa mortis. 
C)  ​by accession. 
D)  ​by production. 
A)  ​inter vivos. 
B)  ​causa mortis. 
C)  ​by accession. 
D)  ​by production.

Question 15

Enrico leaves his Ford sport utility vehicle at Gordo's Auto Service for an oil change. This is​

Accepted Answer

A)  ​a bailment. 
B)  ​a gift. 
C)  ​confusion. 
D)  ​abandoned property. 
A)  ​a bailment. 
B)  ​a gift. 
C)  ​confusion. 
D)  ​abandoned property.

Question 16

Common carriers can contract away their liability for damaged goods.

Accepted Answer

A) True 
 B)False

Question 17

Confusion of fungible goods results in the owners' loss of their rights in the property.

Accepted Answer

A) True 
 B)False

Question 18

Gary 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​

Accepted Answer

A)  ​a gift causa mortis. 
B)  ​a gift inter vivos. 
C)  ​a gift by accession. 
D)  ​not a gift. 
A)  ​a gift causa mortis. 
B)  ​a gift inter vivos. 
C)  ​a gift by accession. 
D)  ​not a gift.

Question 19

Constructive delivery confers the right to take possession of an object.

Accepted Answer

A) True 
 B)False

Question 20

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​

Accepted Answer

A)  ​authorities are stopping and searching all trucks leaving California. 
B)  ​Fresh Express's dispatcher mistakenly delays Greg's departure. 
C)  ​Fresh Express's truck is broken into and the almonds are stolen. 
D)  ​Greg has to wait two days in Sacramento for the truck to be repaired. 
A)  ​authorities are stopping and searching all trucks leaving California. 
B)  ​Fresh Express's dispatcher mistakenly delays Greg's departure. 
C)  ​Fresh Express's truck is broken into and the almonds are stolen. 
D)  ​Greg has to wait two days in Sacramento for the truck to be repaired.

Exam 27: Personal Property and Bailments

Logan borrows Morris's bike to ride over mountain trails. The bike is damaged during the ride. Liable for the cost of repairing the bike is​

For estray statutes to apply, property must be mislaid, not merely lost.

A finder of lost property can claim title to the property against the whole world-including the true owner.

The implied warranties of merchantability and fitness for a particular purpose extend to bailments that include rights to use the bailed goods.

EquipLease Company leases a thresher to Farm Harvest, Inc., a firm that contracts with farm owners to harvest their crops. The machine is seriously damaged through Farm Harvest's neglect. Most likely liable for the damage is​

Shari owns a television, video games, and stock in the game company Time Travel, Inc. Shari's intangible property includes​

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

Constructive delivery is not necessary for gifts of intangible personal property.

In a bailment of fungible goods, the bailee must return the identical goods given by the bailor.

Estray statutes make it possible for finders to acquire legal title to the property they find.

Oleg takes a PowerMade-brand rototiller to QuikFix Inc. for repairs. Lacking certain parts, QuikFix ships the rototiller to Repair & Parts Company. While in Repair & Parts's possession, the machine is damaged. QuikFix can recover for the damage from​

Angela is in good health and sound mind when she gives Brianna a quarter horse. Brianna accepts. This is a gift​

Enrico leaves his Ford sport utility vehicle at Gordo's Auto Service for an oil change. This is​

Common carriers can contract away their liability for damaged goods.

Confusion of fungible goods results in the owners' loss of their rights in the property.

Gary 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​

Constructive delivery confers the right to take possession of an object.

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​

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Logan borrows Morris's bike to ride over mountain trails. The bike is damaged during the ride. Liable for the cost of repairing the bike is

EquipLease Company leases a thresher to Farm Harvest, Inc., a firm that contracts with farm owners to harvest their crops. The machine is seriously damaged through Farm Harvest's neglect. Most likely liable for the damage is

Shari owns a television, video games, and stock in the game company Time Travel, Inc. Shari's intangible property includes

Oleg takes a PowerMade-brand rototiller to QuikFix Inc. for repairs. Lacking certain parts, QuikFix ships the rototiller to Repair & Parts Company. While in Repair & Parts's possession, the machine is damaged. QuikFix can recover for the damage from

Angela is in good health and sound mind when she gives Brianna a quarter horse. Brianna accepts. This is a gift

Enrico leaves his Ford sport utility vehicle at Gordo's Auto Service for an oil change. This is

Gary 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

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