A document of title symbolizes ownership of the goods it describes;its transfer transfers the ownership or control of the goods without necessitating the physical transfer of the goods themselves.

Question

Quizplus · Accepted Answer

This statement is true. Documents of title, such as bills of lading or warehouse receipts, serve as proof of ownership or control of goods and their transfer can facilitate the transfer of ownership or control without the need for physical transfer of the goods themselves.

A Document of Title Symbolizes Ownership of the Goods It