Question

----- certifies that the holder is entitled to be the owner of the goods imported and warehoused in the docks or wharf.

• A. Dock warrant
• B. Warehouse receipt
• C. Bill of lading
• D. Dock receipt

Answer 1

Answer:

A. 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 of the goods imported and warehoused in the docks or wharf.

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