The Terminal Warehouse Agreement Differs from the Field Warehouse Agreement

The terminal warehouse agreement differs from the field warehouse agreement in that

A) the cost of the terminal warehouse agreement is lower due to the lower degree of risk.
B) the borrower of the field warehouse agreement can sell the collateral without the consent of the lender.
C) the warehouse procedure differs for both agreements.
D) the terminal agreement transports the collateral to a public warehouse.

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