Clark_11e-TB-Comb-U10-FQs

Clark_11e-TB-Comb-U10-FQs - Appendix J for Unit Ten...

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Appendix J for Unit Ten Questions on the Features UNIT TEN—FOCUS ON ETHICS: PROPERTY A1. Clover finds a laptop and asks Duffy to hold it for her temporarily. Later,  Duffy refuses to return it, claiming that it’s not hers. Most likely to es- tablish rights to the laptop, under the doctrine of relativity of title a. are Clover and Duffy, as concurrent owners. b. is Clover alone. c. is Duffy alone. d. is neither party. ANSWER: A PAGE: 1004 TYPE: = NAT: AACSB Reflective AICPA Legal B1. Finn gives his coin collection to Gert’s Coin Shop to hold temporarily. While  in the shop’s possession, the collection is destroyed. Gert’s may be liable for  the loss if this was a bailment for a. both parties’ mutual benefit. b. Finn’s sole benefit. c. Gert’s sole benefit. d. neither party’s benefit.
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This note was uploaded on 10/11/2010 for the course MGT 301 taught by Professor Pederson during the Fall '10 term at SUNY Stony Brook.

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Clark_11e-TB-Comb-U10-FQs - Appendix J for Unit Ten...

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