Aimee has just received a diamond ring from her husband as a gift.She is worried that while she is at her cottage for the weekend,someone might steal it.She asks her friend,Gladys,to put the ring in her safe,saying that she would give Gladys $100 to hold it for three days.On the weekend,Gladys' house is robbed and the ring is taken.Which of the following is true?
A) Aimee must prove that Gladys was to blame for the loss.
B) Gladys is liable because the bailment creates a guarantee.
C) Gladys will be treated as an insurer if the bailment was both gratuitous and for her benefit.
D) Gladys had a low requirement for the level of care because the bailment was between friends.
E) Gladys would most likely be able to prove that she provided ample care for the ring.
Correct Answer:
Verified
Q51: Alan purchased a piece of land from
Q52: Naomi owned an inventory of widgets worth
Q53: Melanie brought a box full of old
Q54: The concept of an insurable interest
A)is aimed
Q55: Which of the following statements is TRUE
Q57: Which of the following statements is TRUE
Q58: Solace Insurance Company (SIC)sold an insurance policy
Q59: Theta Ltd owned a widget worth $50
Q60: Pierce was looking at an open house
Q61: Raja gave a widget to Northwest Storage.Under
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