Which of the following situations involves a bailment?
A) The sale of a clock to a consumer.
B) Bringing a computer in for repair
C) Giving a parcel to a courier for delivery
D) Both A and B
E) Both B and C
E
Business
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A product line can also be lengthened by adding more items within the present range. There are several motives for line filling. Which of the following is one of them?
A) responding to senior management wishes B) responding to consumer wishes C) reaching for incremental profits D) reaching for incremental capacity E) responding to sales-force demands
Business
Lenders may require escrow accounts to ensure that property taxes and insurance premiums are paid
Indicate whether the statement is true or false
Business