The document issued by a port authority for goods deposited is a

Assessment: JAMB UTME - Commerce - 2010 Subject: Commerce

Question 1 Report

The document issued by a port authority for goods deposited is a
Answer Details
The document issued by a port authority for goods deposited is a warehouse warrant. A warehouse warrant is a legal document that gives the holder the right to claim ownership of goods stored in a warehouse. It is issued by the warehouse manager or port authority as evidence that the goods have been received and are being held in storage. The warehouse warrant specifies the quantity and quality of the goods, and the conditions under which they are being stored. It is an important document for the owner of the goods, as it can be used to obtain financing or to transfer ownership of the goods to another party.

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