Caib 2 chapter 5 stuvia - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Caib 2 chapter 5 stuvia? On this page you'll find 5 study documents about Caib 2 chapter 5 stuvia.
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CAIB 2 - Chapter 5 Questions & Answers 100% Correct.
- Exam (elaborations) • 11 pages • 2024
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identify three reasons why a bailee may have temporary custody of the personal property of another - ANSWERfor repair 
 
for safekeeping or storage 
 
for delivery to others 
 
identify three examples of businesses who may be bailees for hire - ANSWERsmall engine repair shops 
 
dry cleaners 
 
tailors 
 
briefly explain the level of 'ordinary care' to be exercised by a bailee - ANSWERthere is a legal duty on the bailee to take the same care of goods of others as would be taken by a prudent an...
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CAIB 2 - Chapter 5 Questions & Answers 100% C0rrect
- Exam (elaborations) • 11 pages • 2024
- Available in package deal
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- $12.99
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identify three reasons why a bailee may have temporary custody of the personal property of another - ANSWERfor repair 
 
for safekeeping or storage 
 
for delivery to others 
 
identify three examples of businesses who may be bailees for hire - ANSWERsmall engine repair shops 
 
dry cleaners 
 
tailors 
 
briefly explain the level of 'ordinary care' to be exercised by a bailee - ANSWERthere is a legal duty on the bailee to take the same care of goods of others as would be taken by a prudent an...
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CAIB 2 - Chapter 5 Exam Questions and Answers Completely Solved
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
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identify three reasons why a bailee may have temporary custody of the personal property of another - ANSWER-for repair 
 
for safekeeping or storage 
 
for delivery to others 
 
identify three examples of businesses who may be bailees for hire - ANSWER-small engine repair shops 
 
dry cleaners 
 
tailors 
 
briefly explain the level of 'ordinary care' to be exercised by a bailee - ANSWER-there is a legal duty on the bailee to take the same care of goods of others as would be taken by a prudent...
-
CAIB 2 - Chapter 5 Best Exam Questions & Answers
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
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identify three reasons why a bailee may have temporary custody of the personal property of another - CORRECT ANSWER-for repair 
 
for safekeeping or storage 
 
for delivery to others 
 
identify three examples of businesses who may be bailees for hire - CORRECT ANSWER-small engine repair shops 
 
dry cleaners 
 
tailors 
 
briefly explain the level of 'ordinary care' to be exercised by a bailee - CORRECT ANSWER-there is a legal duty on the bailee to take the same care of goods of others as wou...
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CAIB 2 - CHAPTER 5 EXAM | Questions & Answers (100% CORRECT)
- Exam (elaborations) • 4 pages • 2023
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CAIB 2 - CHAPTER 5 EXAM | Questions & Answers (100% CORRECT) 
- Drycleaners 
- Garages 
- Jewellers 
- Furriers 
- Trucking firms 
- Couriers. - ANSWER - Examples of businesses that have a bailee's exposure. 
 
One who has temporary custody of the personal property of another for a purpose other than sale, and who is compensated as a condition of the custody. - ANSWER - "Bailee for hire." 
 
Ordinary care. - ANSWER - The level of care required of bailees by law. 
 
The legal duty imposed on b...
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