review

discard with no intention to reclaim

aquiring property by adding property of another to one's own

assent of buyer to become owner of goods; assent to an offer resulting in a contract; drawee's signed agreement to pay draft

oral sale of property to the highest bidder

auction goods may be withdrawn after bidding starts

person who gives up possession of bailed property

person in possesion of bailed property

person who makes offer at auction

receipt & contract between consignor & carrier

written evidence of title to tangible personal property

transporter of goods, people or both

one that under takes to transport without discrimination all who apply for service

carrier that transports under special arrangements for a fee

let the buyer beware

inseparable mixing of goods of different owners

transfer of possession of goods for purpose of sale

one who ships by common carrier

one to whom goods are shipped

bailment imposed when a person controls lost property

obtaining possession of property & converting it to own use

bringing property into being

• 1. acts of god
• 2. acts of a public authority
• 3. inherent nature of the goods
• 4. acts of the shipper
• 5. acts of public enemy

carrier is not liable for damage due, such as decay of vegetables, fermation or evaporation of liquids, & death of live stock as a result of natural causes or the fault of other animals

good that are in being & owned by the seller

goods picked to be delivered to the buyer

goods of a homogeneous nature sold by weight or measure

requires creditors to notify a potential receipient of credit whenever any adverse action or denial of credit was based on a creditor report

transfer of ownership without consideration

power to issue cease-and-desist orders

evidence of ownership of right or value

fact acknowledge in course of legal proceeding

requires that written warranties for consumer goods meet certain requirements

tangible personal property left as security for a debt

intangible property serving as security as security for a debt

consideration in a sales contract

anything that may be ownened

taking possession of goods

transfer of title to goods for a price

contract requiring delivery of shipped goods to consignee only

personal property that can be seen, touched, & possessed

• (TILA) requires lenders to make certain written disclosures to borrowers before written disclosures:
• 1. finance changes
• 2. annual percentage rate
• 3. number, amount & due dates of all payments, including any ballon payments-payments that are more than twice the normal installment payment

• 1. bailment for the sole benefit of the bailor
• 2. bailment for the sole benefit of the bailee
• 3. mutual-benefit bailment

when a person takes care of a pet for a vacationing friend

when someone's personal property is borrowed

a tv left to be repaired; laundry & dry cleaning contracts & the rental of personal property, such as an automobile of furniture

document of title issued by storage company for goods stored

assurance goods conform to a standard; statement of insured that relates to risk & is in contract

• express warranty
• implied warranty
• full warranty
• limited warranty

statement of guarantee by seller

warranty imposed by law

warranty with unlimited duration of implied warranties and agreements to remedy defects without charge

written but not full warranty