47. A bailment: A - Transfers ownership of the property B - Transfers possession of the property C - Transfer title to p

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answerhappygod
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47. A bailment: A - Transfers ownership of the property B - Transfers possession of the property C - Transfer title to p

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47. A bailment:
A - Transfers ownership of the property
B - Transfers possession of the property
C - Transfer title to property
D - None of the above
48. A negotiable instrument:
A - Is designed to function as cash
B - Is necessary for a modern economy
C - Can be acquired without consideration
D - A and B
49. Which of the following are negotiable instruments?
A - A ticket to a sporting event
B - A check
C - An unsigned Promissory Note
D - A blank check
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