Exam 21: Legal Aspects of Supply Chain Management

To be engaged in warehousing, an enterprise must have appropriate storage buildings.

Contract clauses that limit a common carrier's liability are void as contrary to public policy.

A sale by a factor can pass title to goods from the consignor to the purchaser.

The rights of a holder of a duly negotiated warehouse receipt are extinguished by the warehouser's surrender of goods to the depositor.

A purchaser of a nonnegotiable warehouse receipt:

When goods are delivered to a common carrier for immediate shipment and while they are in transit, who is normally liable for any loss or damage to the goods?

A bill of lading that consigns the goods "to bearer" is called a:

A common carrier transporting goods under a COD shipment is liable if it takes a check in payment and the check bounces.

Bills of lading for intrastate shipments are governed by the UCC, while those for interstate shipments are regulated by the Federal Bills of Lading Act.

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.

A public warehouser has a specific lien against the goods stored for reasonable costs incurred from the storage.

Myra, a person who attended a wedding reception at the Hotel Miramar, is injured on the dance floor. Miramar is liable to Myra for her injuries.

The hotelkeeper owes a duty as a bailee of personal property in a(n) _______ to ________.

A warehouser that holds itself out to serve the public generally without discrimination is called a(n):

A factor is a special type of bailee.

A public warehouser is statutorily required to insure all the goods.

As a general rule, a hotelkeeper has a lien on the property of boarders or lodgers.

A hotelkeeper has a bailee's liability regarding property expressly entrusted to a hotelkeeper's care.

A carrier owned and operated by the shipper is:

General contract law determines whether a limitation clause is a part of the contract between the warehouser and the customer.