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Author Question: Under the UCC, a warehouse receipt: a. Is negotiable if, by its terms, the goods are to be ... (Read 134 times)

jho37

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on: Jun 24, 2018
Under the UCC, a warehouse receipt:
 a. Is negotiable if, by its terms, the goods are to be delivered to bearer or to the order of a named person.
  b. Will not be negotiable if it contains a contractual limitation on the warehouse's liability.
  c. May qualify as both a negotiable warehouse receipt and negotiable commercial paper if the instrument is payable either in cash or by the delivery of goods.
  d. May be issued only by a bonded and licensed warehouser.

Question 2

The Clean Air Act establishes standards for the construction of new industrial plants depending on the local air quality.
 a. True
  b. False
  Indicate whether the statement is true or false


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beccamahon

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Reply #1 on: Jun 24, 2018
Answer to Question 1

.A

Answer to Question 2

TRUE


jho37

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Reply #2 on: Jun 24, 2018
Thank you :)


beccamahon

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Reply #3 on: Jun 24, 2018
Happy to help you


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