Lecture Business law with UCC applications (13/e): Chapter 29 - Brown, Sukys

Business Law with UCC
Applications,13e
Personal Property
and Bailments
Chapter 29
McGraw­Hill/Irwin

        Copyright © 2013 by The McGraw­Hill Companies, Inc. All rights reserved.


Learning Objectives
1. Give examples of tangible and intangible
personal property.
2. Describe the methods of owning property with
others.
3. Differentiate among lost property, misplaced
property, and abandoned property.
4. Identify the requirements of a completed gift.
5. Explain the law that applies to stolen property.

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Learning Objectives (cont.)
6. Determine when a bailment occurs.
7. Name and describe the principal types of
bailments .
8. Discuss the burden of proof as it relates to
bailments .
9. Make clear an innkeeper’s duty to accept all
guests.

10.Explain innkeepers’ duties of care to their
guests and their guests’ property.
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Personal Property and
Bailments
• Personal Property
– Ownership of Personal Property
– Lost, Misplaced, and Abandoned Property
– Gifts of Personal Property
– Stolen Personal Property

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Personal Property and
Bailments
• Gifts of Personal Property
– Uniform Transfers to Minors Act
– Gift in Causa Mortis
– Anatomical Gifts

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Personal Property and
Bailments
• Bailments
– Principles of Bailment

– Bailments for Sole Benefit of Bailor
– Bailments for Sole Benefit of Bailee
– Mutual-Benefit Bailments
– Burden of Proof
– Innkeepers, Carriers, Warehousers

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Personal Property and
Bailments
• Innkeepers, Carriers, Warehousers
– Innkeepers
– Carriers
– Warehousers

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