Which of the following statements describes when a bailee may return goods of the same description but not the identical goods?
A) when the bailor is given a warehouse receipt
B) when the original goods have been destroyed by fire and it is determined that the bailee was negligent
C) when the goods have been pledged
D) when the bailor is in breach of the bailment contract
E) when the goods are fungible

Question

Quizplus · Accepted Answer

Fungible goods are goods that are interchangeable, meaning that they are of the same kind and quality, and it is not necessary to return the exact item that was originally bailed. Therefore, a bailee may return goods of the same description but not identical goods when the goods are fungible.

Which of the Following Statements Describes When a Bailee May