Define and explain bailments

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Reference no: EM132398289

This assignment tests your understanding of Learning Objective #4 - "Define and explain bailments."

Ferris and his best friend Cameron decided to skip school and go to an afternoon baseball game at Dodger Stadium. Ferris persuaded Cameron to let them use his father's restored 1961 Ferrari 250 GT California to travel to the game. On the way to the game Ferris went to a UPS Store and sent his F.P. Journe Tourbilllon Regènee watch via UPS to New York Custom Swiss Watch Studio, a watch-repair shop in New York so it could have its regular 5-year service. The regular service costs $2,950, and Ferris included a signed work order authorizing the work to be performed. The watch arrived at New York Custom Swiss Watch Studio one week later, undamaged.

Cameron was worried that if they parked the Ferrari inside Dodger stadium it would be damaged, so they left the Ferrari at Joe's Auto Park, a private parking lot in Chinatown. Moe's Auto Park charges $30 to park cars during Dodger games - the same amount that is charged by Dodger Stadium - and provides a shuttle to and from the stadium. Larry, the attendant at Moe's Auto Park, said that he would take good care of the car. Cameron gave keys to the Ferrari to Larry, who said he would park it in a secure location. Cameron and Ferris took a shuttle bus to Dodger stadium where they watched the Dodgers trounce the San Francisco Giants, 12-1.

As soon as Cameron and Ferris left Larry quit his job at Moe's Auto Park and drove off with the Ferrari. Larry drove the car up Highway 1 and ended up in Oakland, where he sold the car to a The Orion Group, a criminal organization that ships expensive cars overseas, where they are sold with fake title documents. The Orion Group sent the Ferrari to Hong Kong and sold it to a member of the 14K Triad.

After the game Cameron and Ferris returned to Moe's Auto Park and were surprised to see that there was no one working. Their surprise turned to horror when they discovered that the Ferrari was nowhere to be seen.

1. Was a bailment created when Ferris delivered his F.P. Journe Tourbilllon Regènee watch to the UPS Store? If so, what kind of bailment was created? If you believe a bailment was created, who was the bailor and who was bailee? If you believe a bailment was created, what were the duties of the bailor and what were the duties of the bailee?

2. Was a bailment created when Ferris sent his F.P. Journe Tourbilllon Regènee watch to New York Custom Swiss Watch Studio? If so, what kind of bailment was created? If you believe a bailment was created, who was the bailor and who was bailee? If you believe a bailment was created, what were the duties of the bailor and what were the duties of the bailee?

3. Was a bailment created when Cameron left the Ferrari at Moe's Auto Park? If so, what kind of bailment was created? If you believe a bailment was created, who was the bailor and who was bailee? If you believe a bailment was created, what were the duties of the bailor and what were the duties of the bailee?

4. Who is responsible for the Ferrari? Cameron's father? Ferris? Cameron? Moe's Auto Park? Larry? The Orion Group? The Dodgers? The Giants?

Reference no: EM132398289

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