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WAEC Commerce 1999 Question 43

Question 43

Warehousing

Which of the following serves as a receipt for goods kept in a bonded warehouse?

  1. A.Dock Warrant
  2. B.Bill of Sight
  3. C.Foul bill
  4. D.Dock due
Show the answer and explanation

Answer: A (Dock Warrant)

Explanation

A dock (warehouse) warrant is the receipt and document of title for warehoused goods.