A trucking company that normally issues documents of title for goods it receives is a bailee.

Question

Quizplus · Accepted Answer

A bailee is defined as someone who receives possession of goods from the owner with the intention of returning them at a later time. In the case of a trucking company, they receive goods from the owner (shipper) and transport them to another location, with the intention of delivering them to the recipient. Therefore, they are considered a bailee and issue documents of title (such as bills of lading) to track and transfer ownership of the goods.

A Trucking Company That Normally Issues Documents of Title for Goods