A negotiable warehouse receipt that provides for delivery of the goods to the order of Jill Jones may be negotiated by delivery of the document to the purchaser.

Name: A negotiable warehouse receipt that provides for delivery of the goods to the order of Jill Jones may be negotiated by delivery of the document to the purchaser.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A negotiable warehouse receipt that is made out "to the order of" requires endorsement by the named party (Jill Jones) in addition to delivery to be negotiated.

A Negotiable Warehouse Receipt That Provides for Delivery of the Goods