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CA Foundation Bailment and Pledge — practice questions — page 3

Explore 65 free Bailment and Pledge questions in CA Foundation Businesslaw. Open each question or exercise to read its content, reference answers and available explanation.

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Bailment and Pledge questions and exercises with answers

Showing questions 61–65 of 65.

A library lends a book to a patron free of charge. This bailment is for the sole benefit of:Read the answer and worked solution →A paid repair leaves the item with the repairer. The bailment benefits:Read the answer and worked solution →A lease of personal property is the same in law as:Read the answer and worked solution →Leaving a car with a valet attendant is a common example of:Read the answer and worked solution →A pledgee may sell the pledged goods if the pledgor:Read the answer and worked solution →

Worked practice questions

A library lends a book to a patron free of charge. This bailment is for the sole benefit of:

  1. The bailor alone
  2. The library's staff
  3. The bailee alone
  4. Both parties equally
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Correct answer: C. The bailee alone

The patron, as bailee, gets the benefit while the library acts gratuitously.

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A paid repair leaves the item with the repairer. The bailment benefits:

  1. Only the bailor
  2. Only the bailee
  3. Both parties mutually
  4. Neither of them
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Correct answer: C. Both parties mutually

Payment for repair is an exchange of performances, which makes the bailment one of mutual benefit.

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A lease of personal property is the same in law as:

  1. A bailment for hire
  2. A bailment by gift
  3. A bailment for custody
  4. A bailment by pledge
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Correct answer: A. A bailment for hire

Because the lessee gains the right to use the goods for a price, the lease is a bailment for hire.

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