1.

Tabulate the three differences between warehouse warrant and warehouse receipt.

Answer»

Warehouse Warrant: It is a document of title of goods. 

  • It is not only an acknowledgement for the 
  • receipt of goods but also gives an authority to get delivery of goods by the owner or by third party
  • It can be negotiated or transferred to others.

Warehouse Receipt:

  • It is not a document of title of goods. 
  • It is only an acknowledgement for the
  • receipt of goods. 
  • It cannot be transferred to others.


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