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Business Law Study Set 4
Quiz 23: Personal Property and Bailments
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Question 81
Essay
Gil has stolen a "Lancer" from Yu and changed the look and interior of the car.Gil is now using it for his personal purposes.After some months,Yu comes to know about his car and demands it back.However,Gil demands for the amount he spent on modifications.Is Yu liable to pay that?
Question 82
Multiple Choice
Under tariff rules,a common carrier may limit her liability to a shipper's declaration of value,provided that the rates are:
Question 83
Multiple Choice
In Gyamfoah v.EG&G Dynatrend,the case in the text,the court found that:
Question 84
Essay
Watley took his old bicycle to the municipal dump.Vandelay retrieved it from the dump and repaired it.Newman stole the bicycle from Vandelay's garage,made substantial improvements to it,and then sold it to Banya.Banya did not know that the bicycle had been stolen.Who owns the bicycle? Explain your reasoning.
Question 85
Multiple Choice
In which of the following circumstances would a hotelkeeper be liable for lost or damaged property?
Question 86
Essay
While eating dinner at a restaurant,Elvis placed his backpack on an empty chair located next to his table.When Elvis left the restaurant,he forgot to pick up the backpack.A few minutes later,Priscilla discovered the backpack and took possession of it.What rights to the backpack do Elvis,Priscilla,and the restaurant have?
Question 87
Essay
Wilma,who thought she had a terminal disease,signed over the title to her new Cadillac to her cousin,Kenny,and told him that she wanted him to have the car "after I'm gone." Kenny took the keys and began to use the car.A week later,Wilma was told that her diagnosis had been an error and that she was not terminally ill.Wilma wants her car back.Can she recover it from Kenny? Why or why not?
Question 88
Essay
Kato checked out a book (Freeloading for Fun and Profit)from the library.While he was reading it,he discovered three $50 bills in the book.Is the money lost,mislaid,or abandoned property? Why is this determination significant?