Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

Exercise 14

First State Depository, LLC (First State), contracted with United Parcel Service (UPS) for shipments of coins and special metals. In an eight-week period, 27 packages were lost or stolen by UPS or its employees. First State argued that it was unfair to allow UPS to limit its liability for lost or stolen shipments when UPS (or its employees) was doing the stealing. Should UPS be liable for the full amount?