Exam 27: Personal Property and Bailments

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Owen takes a Paisley-made pinball machine to Quality Games,Inc.,for repair.Lacking certain parts,Quality ships the game to Regal Repair Company.Regal does not return the game.Most likely to suffer the loss is

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Klondike and Leola own 10,000 shares of stock in My-T Gro Corporation.On the death of either owner,that owner's interest in the stock passes to the surviving owner.This is

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A gift must be supported by legally sufficient consideration.

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Marcy goes hunting out of season and shoots an endangered species of deer in a national park.Marcy's acquisition of the deer is

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Emily checks her luggage at Flyaway Airlines's ticket counter before boarding her flight to Houston,Texas.Subject to a bailment is

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Inadvertently,Brent leaves his backpack at Chat n'Coffee when he stops for coffee and an hour of Facebook.The backpack is

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A finder of abandoned property acquires title to it,and the title is good against the whole world,including the original owner.

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Delivery of intangible personal property is never accomplished by constructive delivery.

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Faye owns the land on which Golden Spurs Ranch is situated,plus the ranch house,barn,and other structures permanently attached to the land.Faye's brother Huey owns everything else in the ranch's opera-tion-livestock,feed,and so on.The personal property is owned by

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Fred and Joanne are married.Joanne purchases a car.Fred and Joanne each technically own an undivided one-half interest in the car.This is

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Ben allows Cody to store his trailer on Ben's property for $20 a month while Cody is out of town on a job for Plains States Sales,his employer.The bailor is

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Most bailments are created by agreement,but not necessarily by contract.

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A joint tenant's sale of his or her interest terminates the joint tenancy.

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John steals an old,battered bicycle that is parked,unlocked,in front of a convenience store.He repairs,paints,and replac-es parts on the bike un-til it is like new.The original owner,Kim,claims the bike.The bike be-longs to

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Stan rents a safe-deposit box at Main Street Bank under a contract that gives Stan exclusive knowledge and control over its contents.This is

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Wally asks Eddie if he can store his furniture in Eddie's garage while he serves a tour of duty with the U.S.Marines Corps.Eddie agrees.This is

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A bailee must exercise reasonable care in preserving the bailed property.

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French's Fast Fries (3F) requires that its employees wear uniforms and protective clothing while on the job.3F 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,"French's is not re-sponsible for the loss of any property in the locker room." Grant,a 3F 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 Grant'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 3F's sign exculpate the com-pany for Grant's loss? Why or why not?

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Derrick buys a hunting license and goes hunting.He shoots a deer,cleans it,and takes it back to his truck.He takes the deer to town and has the meat processed.Derrick's acquisition of the deer is by

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Chatsworth loans his laptop to Zelda.This is

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