CN Rail agreed to transport $2 million worth of electronic parts for Sony Inc. The CN train derailed and the parts were completely destroyed. The limitation clause in the bill of lading limited CN's liability to $50,000. Sony noticed however that the bill of lading had not been signed. As a result
A) CN is fully liable for the $2 million loss as it was negligent
B) CN can use the limitation clause and is only liable for $50,000 even though it was not signed
C) Sony and CN will share the liability equally because the bill of lading was not signed
D) CN can only use the limitation clause if it brought the clause to Sony's attention when the deal was made
E) CN can only use the limitation clause if the bill of lading was signed and the clause was brought to Sony's attention
Correct Answer:
Verified
Q10: A lien right is
A)the right of a
Q11: Which of the following statements is FALSE?
Q12: Dusty delivered his car to Gage's Garage
Q13: John's Repair Shop has fixed a stereo.
Q14: Which of the following is a synonym
Q16: Intangible personal property includes
A)furniture, cars and clothing
B)loans,
Q17: John sends his alarm clock, which he
Q18: A central concept in bailment is that:
A)The
Q19: Which of the following does a bailee
Q20: Marion was a guest at Hotel 9.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents