CHAPTER 17

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1. A bailor is

a person who has possession of another's property for purposes of storage
a person who has possession of another's personal property
the owner of the personal property in a bailment
a person who holds a security interest in another's personal property
a person who has possession of another's property for purposes of transporting it

2. A bailee is

a person who has possession of another's property for purposes of storage
a person who has possession of another's personal property
the owner of the personal property in a bailment
a person who holds a security interest in another's personal property
a person who has possession of another's property for purposes of transporting it

3. A warehouseman is

a person who has possession of another's property for purposes of storage
a person who has possession of another's personal property
the owner of the personal property in a bailment
a person who holds a security interest in another's personal property
a person who has possession of another's property for purposes of transporting it

4. A carrier is

a person who has possession of another's property for purposes of storage
a person who has possession of another's personal property
the owner of the personal property in a bailment
a person who holds a security interest in another's personal property
a person who has possession of another's property for purposes of transporting it

5. When one party gains possession of an item of personal property owned by another with the intent that possession will ultimately be returned to the owner, a _____ has been created

contract
chattel lease
financing lease
bailment
lien

6. In most provinces, a repair shop that takes possession of personal property in order to repair it has

a lien against the property for the value of the repairs
a right to sell the property to recover repair charges
a duty to insure the property for its full market value
a & b
none of the above

7. If bailed property is damaged while being transported by a common carrier, the carrier will be protected from liability if

the owner is unable to prove a breach of contract by the carrier
the carrier can show that it acted reasonably in the circumstances
the carrier can show that the loss was due to circumstances beyond its control
the owner is unable to prove negligence by the carrier
the owner is unable to prove intentional damage by the carrier

8. Innkeepers are permitted by legislation to limit their liability to their clientele, but this protection is lost if

the loss is due to negligence by its employees
the loss is due to deliberate actions of its employees
the client advised the innkeeper in advance that he had brought the damaged or lost property onto the premises
a & b
all of the above

9. A lease arrangement is an example of

a bailment for reward
a gratuitous bailment
a lien
a bailment for the benefit of the bailor only
none of the above

10. The contracts that underlie bailments for value commonly include terms dealing with

the services to be provided by the bailee
the bailor's price and payment requirements
the extent to which the bailee is liable for damage or loss
all of the above
none of the above