Ch. 16 Flashcards

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0
Q

party who gives up possession of property

A

Bailor

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1
Q

party who accepts possession

A

Bailiee

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2
Q

bailee receives & accepts the goods themselves

A

Actual Bailments

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3
Q

bailee receives &
accepts a symbol of the personal property
rather than the property itself

A

Constructive Bailment

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4
Q

In order for a bailment to arise, both
possession and control of the goods must shift
from the bailor to the bailee.

A

Control

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5
Q

having temporary control of another’s personal property yet

A

Custody

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6
Q

Usually goods are returned to the bailor or the bailor may identify another party to whom the goods will be delivered

A

Disposition of the Goods

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7
Q

There is no difference between one unit of goods

and another. Goods of an identical nature need to be returned

A

Fungible

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8
Q

Enterprises that agree, for a fee to transport goods for anyone who applies, provided the goods are fit for shipment.

A

Common Carriers

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9
Q

a fee for use of the transportation vehicle when it is not loaded or unloaded at the agreed
time.

A

Charge Demurrage

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10
Q

retain the goods until charges for transportation and incidental services are paid

A

Enforce a Carrier’s Lien

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11
Q

occurs when the bailor provides personal

property for use by the bailee bailee must abide by the contract & may be liable for property damages.

A

Bailments for Hire

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12
Q

when a person (bailor) delivers goods to serviced, repaired, or made bailment for service results if the goods are damaged or destroyed & bailee exercised ordinary care – the loss falls on the bailor who owns them

A

Bailment a for services

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13
Q

bailment in which ownership remains the manufacturer or wholesaler (bailor) until the goods are sold bailment is also created when a merchant sends

A

Consignment

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14
Q

the prospective buyer may use the goods to decide whether to buy them

A

Sales on approval

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15
Q

when goods are bailed with common carriers and hotels

A

Extraordinary Bailment

16
Q

means the bailee will be strictly liable for any damages, loss or injury to the good

A

Extraordinary Care

17
Q

when only one party benefits from the bailment

A

Gratuitous Bailment

18
Q

means bailee will be liable if negligent in some way

A

Ordinary Care

19
Q

consideration is given & received by both bailor & bailee; invokes ordinary care

A

Mutual-Benefit Bailment

20
Q

means the bailee must not ignore, waste, or destroy the bailed property; bailee must make minimal effort to identify the owner

A

Minimal Care

21
Q

raises issue of whether the goods are lost or misplaced

A

Involuntary Bailment

22
Q

a bailee entitled to payment is granted the right under the law.

A

Bailee’s Liens