Asked by Madeline Winterton on Jun 03, 2024
Verified
Melissa cannot transfer control of the goods held by a bailee by transferring a document of title.
Document Of Title
A legal document representing ownership of goods and providing the right to transfer that ownership.
Bailee
A bailee is a person or entity that temporarily holds property or goods belonging to another, under a bailment agreement, with the duty to return them in good condition.
Transfer Control
The process of changing the ownership or authority over a particular entity or asset from one party to another.
- Recognize the legality of transferring control of goods through documents of title.
Verified Answer
Learning Objectives
- Recognize the legality of transferring control of goods through documents of title.
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