Vocab
party who gives up possession of the property
Bailor
Bailees deliver actual or constructive delivery of the subject matter of the bailment.
Actual Bailment
the bailee will be liable if negligent in some way
Ordinary Care
carrier's right to retain possession of the goods until the charges for transportation and incidental services are paid
Carrier's Lien
What is our teachers name?
Mr.Nelson
party who accepts possession
Bailee
the bailee will be liable if negligent in some way
Ordinary Care
duty arising from an extraordinary bailment in which the bailee is liable for all damage, loss, or injury
Extraordinary Care
fee for delay by party shipping goods in loading or by party receiving goods in unloading
Demurrage
When do seniors graduate?
May 31st
ownership remains with the manufacturer or wholesaler until the goods are sold
Consignment
the duty of care required as a result is extraordinary
Extraordinary Bailment
duty arising from a bailment in which the bailee must not ignore, waste, or destroy the property
Minimal Care
sign, label, or warning reducing a bailee's duty of care; also, notice of exclusion in a warranty
Disclaimer
What is 9+10
19
The transfer of possession and control of personal property or deliver it to a third party.
Bailment
Occurs when a person already in possession of personal property holds it in such a manner that the law imposes upon him or her a bailee's duty to deliver it to another.
Constructive Bailment
ownership remains with the manufacturer or wholesaler until the goods are sold
Consignment
How many Absents does Justin have this year
108
when a bailee entitled to payment retains possession until paid
Bailee's Lien
consideration is given and received by both bailor and bailee, invokes the duty of ordinary care
Mutual-Benefit Bailment
a party that agrees, for a fee, to transport goods for anyone who applies, provided the goods are lawful and fit for shipment
Common Carrier
arises without consent of the bailee; raises issue of whether the goods are lost or misplaced
Involuntary Bailment