question archive 1) Select the correct answer: a
Subject:Operations ManagementPrice:3.87 Bought7
1) Select the correct answer:
a. |
Rosie rents a locker at the airport, and she puts a bag in the locker. Rosie keeps the locker key. In this case, the bag has been delivered to and accepted by the airport. The airport is a bailee. |
|
b. |
Ken parked a car in a self-service lot, and Ken kept the keys. The parking lot is a bailee. |
|
c. |
Hill rents a boat to Dan. The boat is located at a lake 30 miles away. Hill gives Dan keys to the boat. Dan drives to the lake and takes possession of the boat. In this case, the boat has been delivered to and accepted by Dan, and Dan is a bailee. |
|
d. |
Unknown to Lon, Jeff left a bike at Lon's house. Lon has not found the bike, and he is not likely to find it because Jeff left the bike under the front porch. In this case, Lon is a bailee of the bike. |
2) What is an abatement?
a. |
an order requiring a homeowner to eliminate a nuisance |
|
b. |
the duty to keep losses at a minimum |
|
c. |
a process under which the original tenant transfers all of his rights and duties to a new tenant |
|
d. |
the power of the government to take private property for public use |
3) A bailment is different from a gift because
a. |
in a bailment, only possession of the property is transferred to the bailee, whereas with a gift, both possession and ownership must pass to the donee. |
|
b. |
a gift is always a contract, but a bailment is generally not a contract. |
|
c. |
a gift requires consideration, but a bailment does not. |
|
d. |
a gift requires delivery, but a bailment does not. |
4) While driving down his street one evening, Jonah notices that his neighbor has laid out an electric fan for the garbage to pick up the next morning. Jonah stops and has a look at the fan; it seems to be perfectly fine, so he takes it home with him. The fan would most likely be considered
a. |
lost property. |
|
b. |
mislaid property. |
|
c. |
abandoned property. |
|
d. |
None of these are correct. |
Purchased 7 times