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Questions and Answers
What legal relationship arises when personal property is borrowed, rented, stored, or found by a person other than its owner?
What legal relationship arises when personal property is borrowed, rented, stored, or found by a person other than its owner?
- Constructive bailment (correct)
- Gratuitous bailment
- Special bailment
- Lucrative bailment
In a lucarative bailment, what happens between the parties involved?
In a lucarative bailment, what happens between the parties involved?
- Specific obligations are imposed by statute.
- Money or other payment changes hands. (correct)
- No money or payment changes hands.
- The bailor loses personal property.
Which type of bailment involves no exchange of money or payment?
Which type of bailment involves no exchange of money or payment?
- Constructive bailment
- Gratuitous bailment (correct)
- Special bailment
- Lucrative bailment
What kind of ownership rights in land allows the owner to do as they wish, including transfer, sell, and dispose of it?
What kind of ownership rights in land allows the owner to do as they wish, including transfer, sell, and dispose of it?
Which real property interest grants a temporary right to occupy real property?
Which real property interest grants a temporary right to occupy real property?
When personal property is found by someone other than its owner, what kind of bailment applies?
When personal property is found by someone other than its owner, what kind of bailment applies?
Which type of bailment imposes particular obligations by statute on certain relationships?
Which type of bailment imposes particular obligations by statute on certain relationships?
What happens in a special bailment relationship?
What happens in a special bailment relationship?
What does a life estate grant to the holder?
What does a life estate grant to the holder?
In which type of ownership can the owner do what they want with the land?
In which type of ownership can the owner do what they want with the land?
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