Question

An instrument issued by the warehouse keeper, to the importers who deposits goods with them, is called

• A. Bill of Lading
• B. Warehouse Receipt
• C. Dock warrant
• D. Consignment Note

Answer 1

Answer:

C. Dock warrant

Dock Warrant:

• Dock warrant is an instrument issued by the warehouse Keeper to the importers who deposits goods with them. 

• A Dock warrant certifies that the holder is entitled to be the Owner the of goods imported and Warehoused in the docks or wharf.

• Dock warrant can be transferred endorsement and delivery and it is a negotiable instrument.