Effortless Workouts,Inc.,deliversa quantity of treadmillsand other exercise equipment to Forklift Storage Company,which acknowledges possession of the goods by a warehouse receipt. Forklift is
A)a bailee.
B)alessor.
C)abuyer.
D)none of the choices.

Question

Quizplus · Accepted Answer

Forklift Storage Company is acknowledging ownership of the goods delivered by Effortless Workouts, Inc. through a warehouse receipt. Therefore, Forklift is a bailee, which means they have temporary possession of the goods but do not own them.