Exam 33: Personal Property and Bailments

If a bailment is solely for the benefit of the bailor,then the bailee is liable for even slight negligence.

Oscar drove his 1963 Rambler automobile to the Park & Run,Inc.parking garage.Oscar delivered the keys to the attendant and left the premises.The attendant parked the car.Oscar did not tell the attendant that there was an antique painting valued at $5,000 in the trunk of the car.A thief entered the parking garage,pried open the trunk of Oscar's car,and stole the painting.In this context,identify the correct statement.

An example of intangible property is a _____.

When Rafael goes into a restaurant and hangs his hat and coat on an unattended rack,it creates a bailment.

Rafael is the owner of Raphael Upholstery Services Inc.Kiara wanted some of her furniture reupholstered,so she brought these items to Rafael's store and left them there.Rafael and Kiara did not discuss Raphael's charges for reupholstering the furniture.Under these circumstances,_____.

What are the differences between a gift inter vivos and a gift causa mortis?

A bailment situation can be created only if the bailor has the right to possess the item of property.

Felipe purchases a plot of land that is owned by Ron.After he purchases the property,Felipe discovers that the land contains valuable mineral deposits and quarries them.Ron,who did not know that the land contained valuable minerals at the time of sale,sues Felipe to recover the value of the mineral deposits.Under these circumstances,_____.

Wildlife is an example of unowned property that cannot be acquired by possession.

Which of the following statements is true about accession?

Identify the statement that is true of a bailee's duty of care.

Phoebe rented a safe deposit box in a bank to keep her valuables.In this case,_____.

The _____ requires the true owner of property to claim it or bring a legal action to recover possession of it within a certain number of years after it has been mislaid.

If property is mislaid by its owner,_____.

Which of these actions is applicable under the Uniform Gifts to Minors Act?

Benito's digital camera accidentally fell out of his bag at the bus stop on a Friday afternoon.Later that night,Bill found the camera and took it home with the intent of turning it in to the bus company the next day.Before Bill could turn it in,Dale stole the camera from Bill's house.Discuss the ownership rights,if any,of Benito,Bill,and Dale.

Which of the following statements is true about the possession of wild animals?

Which of the following statements about tangible property is true?

Jose gave Stuart the permission to hunt on his land.While hunting,Stuart discovered a Civil War-era sword half buried in the dirt.Under these circumstances,_____.

As a general rule,the owner of the original personal property becomes the owner of the improvements to the property.