Dragonaire Corporation contracts with Excel Trucking Company to take goods to Fly-By Airlines,Inc.,with Fly-By to transport the goods to a Geo Storage Company warehouse.Excel,Fly-By,and Geo each acknowl?edge possession of the goods by a document of title.Excel,Fly-By,and Geo are
A)bailees.
B)consignees.
C)lessees.
D)sellers.

Question

Quizplus · Accepted Answer

Bailees are those who are in possession of goods delivered to them by another for a specific purpose or under a contract, such as in this scenario where Excel, Fly-By, and Geo each have possession of the goods through documents of title. Consignees are those who receive and sell goods on behalf of someone else, while lessees are those who have leased or rented property. Sellers are those who sell goods to others. Therefore, the best choice is A as bailees best fits the description of the roles of Excel, Fly-By and Geo in this situation.

Dragonaire Corporation Contracts with Excel Trucking Company to Take Goods