Exam 49: B: Personal Property and Bailments

Sid borrows Tony's paint sprayer to paint his house.Uma allows Vic to store his posthole digger in her shed.The party with a right to use the bailed property is

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

Quint rents a riding mower from Rent-All,Inc.Quint leaves the mower in a remote location overnight.When he returns to retrieve it,it is gone.Liability for the loss most likely rests with

Fanny buys clay to throw pottery,which is glazed and fired in a kiln.The finished products are sold to Gifte Shoppe,which sells these items and others to customers who often present them as gifts.The most common way to acquire personal property is to

Property that is leased from a bailor must be fit for the intended purpose of the bailment.

Chita owns the land on which Downwind Farm is situated,plus the farmhouse,barn,and other structures permanently attached to the land.Chita's brother Elmo owns everything else on the farm-implements,seed,and so on.The real property is owned by

Delacroix discovers a boat adrift,and retrieves and anchors it.The boat features a number on its side and other evidence pointing to its owner,Elvira.This is

The delivery of goods to a common carrier creates a relationship between the shipper and the carrier.

Helen owns heavy construction equipment and the tools to service it,as well as office furniture,including computers.Ilya owns a number of pat?ents,trademarks that identify the products made under those patents,and stock in the company that sells those products.Personal property in?cludes the items owned by

Real property cannot be turned into personal property by detaching it from the land.

Generally,individuals are not required to pay annual taxes on personal property that is used for business.

A finder of lost property who knows the true owner and fails to return the property is guilty of the tort of conversion.

Floyd tells his daughter Glenda that she can have his Harley Davidson when he dies,but he does not add this to his will.This is

Inadvertently,Morris leaves his backpack at NuWay Launderers when he stops to pick up his clothes.The backpack is

A hotel owner is always strictly liable for the safety of a guest's automobile.

In most bailments,the bailee can retain the goods given by the bailor and return equivalent property.

Ansel owns Bar-B Ranch.Ansel's only son Cy owns Double-D Ranch in the same county.Ansel gives 90 percent of the Bar-B to Etta,a short-term employee.This gift

Mona asks Ned if she can store her furniture in his garage while she serves a tour of duty with the U.S.Marines Corps.Ned agrees.This is a bail?ment for

A bailment agreement can be express or implied.

Bob rents a golf cart at Country Club Golf Course.The brakes are worn,and while Bob is driving the cart,they fail.The cart crashes into a tree,and Bob is injured.Country Club could have discovered,with rea?sonable diligence,that the brakes were worn.Liability for Bob's injuries most likely rests with