Explain the difference between a secret partner and a silent partner. List and briefly explain five different types of partners. QUESTION 1:

Explain the difference between a secret partner and a silent partner. List and briefly explain five different types of partners.
QUESTION 1:

Write short notes on all of the following:
Personal Insurance
Real Property
Lease Contract
Partnerships
Employee contracts
QUESTION 2:
Berger checked into a motel and left a valuable stamp collection in his room because the motel did not provide safe-deposit boxes. The stamps were stolen. Was the motel liable for the value of the collection? Explain your answer.

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QUESTION 3:
Explain the difference between a secret partner and a silent partner. List and briefly explain five different types of partners.

QUESTION 4:
Fox, who was going into the army, contracted with Scutti Auto Sales to sell his car for a commission. Scutti Auto Sales advanced $500 to Fox, with the understanding that the advance would be paid back out of the proceeds of the sale. Three weeks later, before the car was sold, Fox changed his mind and tried to terminate the agency. Was Fox legally able to terminate the agency?

MULTIPLE CHOCIE 30 MARKS
1. An example of a special bailment is the liability imposed on a
a. person who rents a car.
b. trucking company.
c. parking garage.
d. service station.

2. A special bailee is not liable for losses resulting from a typhoon because
a. a typhoon is a natural disaster that could not have been anticipated.
b. special bailments require only a reasonable level of care.
c. special bailees are exempt from all liabilities.
d. special bailees always have agreements with bailors to limit their liability
3. A common carrier whose equipment is detained by a customer for an unreasonable period of time can make a special charge called
a. containerage.
b. detonage.
c. a bailee’s charge.
d. demurrage.
4. A carrier that transports goods for certai

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