Business, 12.08.2020 07:01 jdjdjdjdjjffi7273

Barnabas had a very rare necklace that he gave to Willie to hold for him for a few weeks. Barnabas wanted to give the necklace to Victoria for her birthday. Please answer true/false for the following statements. Barnabas and Willie had a bailment for the sole benefit of Barnabas.
A. False
B. True
If Barnabas gives Victoria the necklace, the necklace is a gift causa mortis.
A. False
B. True
Barnabas would be the donee when he gives Victoria the gift.
A. False
B. True
Willie is the bailee when he receives the necklace from Barnabas.
A. False
B. True
For the gift to be valid, Barnabas only needed to delivery it to Victoria.
Identify if the remedy (relief) is equitable or legal.
direct damages
a. equitable
b. legal
rescission
a. equitable
b. legal
specific performance
equitable /legal
nominal damages
equitable /legal
compensatory damages
a. equitable
b. legal
injunction
a. equitable
b. legal
punitive damages
a. equitable
b. legal
consequential damages
a. equitable
b. legal
Dr. Neil met Mr. Hammond's grandson while they were visiting the Park. His grandson loved dinosaurs and Dr. Neil had written many books on the matter. Dr. Neill happened to have a copy of his latest book on him and thought the grandson would love it. Thus, he signed the book and gave it to him. Identify the party.
The donor in the situation would be:.
the grandson Dr. Neil
The donee in the situation would be:.
the grandson Dr. Neil

Answers: 2

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Answer from: sarahbug56

Answering true/false for the following statements:

Barnabas and Willie had a bailment for the sole benefit of Barnabas.

A. False

B. True

If Barnabas gives Victoria the necklace, the necklace is a gift causa mortis.

A. False

B. True

Barnabas would be the donee when he gives Victoria the gift.

A. False

B. True

Willie is the bailee when he receives the necklace from Barnabas.

A. False

B. True

For the gift to be valid, Barnabas only needed to delivery it to Victoria.

Identify if the remedy (relief) is equitable or legal.

direct damages

a. equitable

b. legal

rescission

a. equitable

b. legal

specific performance

equitable /legal

nominal damages

equitable /legal

compensatory damages

a. equitable

b. legal

injunction

a. equitable

b. legal

punitive damages

a. equitable

b. legal

consequential damages

a. equitable

b. legal

Dr. Neil met Mr. Hammond's grandson while they were visiting the Park. His grandson loved dinosaurs and Dr. Neil had written many books on the matter. Dr. Neill happened to have a copy of his latest book on him and thought the grandson would love it. Thus, he signed the book and gave it to him. Identify the party.

The donor in the situation would be:.

the grandson Dr. Neil

The donee in the situation would be:.

the grandson Dr. Neil

Explanation:

Bailment is the transfer of the rare necklace from Barnabas to Willie so that Willie could hold it for him for a few weeks. Willie is the bailee when he receives the necklace from Barnabas.

Gift causa mortis is a deathbed gift, which is not applicable in this case. The gift here is given inter vivos, that is during the life of Barnabas.

A donee is Victoria who receives the necklace for her birthday. Barnabas is the donor when he gives Victoria the gift.

Answer from: Quest

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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Answer from: Quest

a and c

explanation:

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