Question: Please answer the two scenarios and explain them briefly Help #1: Customer left antique ring. This situation is addressed in Section 9.5 of the text.
Please answer the two scenarios and explain them briefly

Help #1: Customer left antique ring. This situation is addressed in Section 9.5 of the text. Personal property and bailment could be reviewed generally as part of the discussion with the focus being brought around to bailment for reward. Identify the legal duty attached to this type of bailment and the standard of care used to determine if the duty has been met. What facts would need to be known to determine if the duty has been met and to provide some examples of steps a business of this nature could take to manage its risk and demonstrate it has met the standard of care. Help #2: Using house to secure a line of credit. What does this mean? This situation is addressed in Section 9.3. The purpose of a line of credit for a business, the use of mortgages to secure repayment of debt, and the remedies in the event of default in payment should be discussed
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