Multiple choice

A mate`s receipt

  1. is a document of title to goods

  2. is an acknowledgement for the receipt of goods

  3. both (1) and (2)

  4. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A mate's receipt is a document issued by a ship's officer acknowledging receipt of goods on board the vessel. It serves as prima facie evidence of cargo receipt but is not a document of title, meaning it cannot be used to transfer ownership of the goods. Documents of title include bills of lading, dock warrants, and warehouse receipts, which allow transfer of ownership by endorsement.

Keep practicing — related questions