Home Appliance Corporation contracts with Instate Trucking Company to take a selection of appliance repair parts to Journey Airlines, Inc., with Journey to transport the goods to a KeepSafe Company warehouse. Instate Trucking, Journey Airlines, and KeepSafe each acknowledge possession of the goods by a document of title. Instate Trucking, Journey Airlines, and KeepSafe are
A) bailees.
B) buyers.
C) lessees.
D) none of the choices.

Question

Home Appliance Corporation contracts with Instate Trucking Company to take a selection of appliance repair parts to Journey Airlines, Inc., with Journey to transport the goods to a KeepSafe Company warehouse. Instate Trucking, Journey Airlines, and KeepSafe each acknowledge possession of the goods by a document of title. Instate Trucking, Journey Airlines, and KeepSafe are
A) ​bailees.
B) ​buyers.
C) ​lessees.
D) ​none of the choices.

Quizplus · Accepted Answer

Instate Trucking, Journey Airlines, and KeepSafe are all bailees, as they have possession of the goods and are responsible for their safekeeping and delivery to the next party in the chain of custody.

Home Appliance Corporation Contracts with Instate Trucking Company to Take