Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings

تمرين 2

The topic of insurance has been eliminated from the content outline for the CPA exam as of October 2009. However, the exam lags behind the content change, so this topic may continue to appear on the exam for 6 to 18 months.
Which of the following requirements must be met to create a bailment
I. Delivery of personal property to the intended bailee
II. Possession by the intended bailee
III. An absolute duty on the intended bailee to return or dispose of the property according to the bailor's directions
a. I and II only
b. I and III only
c. II and III only
d. I, II, and III