Real and personal property may be the subject of bailment

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Reference no: EM131767108

1. Real and personal property may be the subject of a bailment.

True

False

2. A sale is a form of bailment.

True

False

3. A bailee must always return identical property to the bailor.

True

False

4. Fire insurance only covers a loss from a friendly fire.

True

False

5. A writing is required for all bailments.

True

False

6. A mortgage may be oral or written.

True

False

Reference no: EM131767108

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