If a Warehouse Receipt Provides for the Delivery of the Goods

question 42

True/False

If a warehouse receipt provides for the delivery of the goods "to the bearer," the receipt may be negotiated by transfer of the document.

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Definitions:

Bilateral Free Trade Agreements

Trade agreements between two countries aimed at reducing or eliminating tariffs, import quotas, and preferences on most (if not all) goods and services traded between them.

Customary International Law

Law that originates from established global practices or norms, recognized as binding among states.

U.S. Supreme Court

The U.S. Supreme Court is the highest court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Governing International

Pertains to principles, conventions, and norms that regulate the behavior and interactions of nations on the global stage.