Which instrument evidences ownership and right to delivery for goods held in storage?

• A. Bill of lading
• B. Carrier
• C. Warehouse receipt
• D. Bailment

Answer: (C)

When goods are held in storage, the document that proves ownership and the right to take delivery is the warehouse receipt. Issued by the storage facility, it acknowledges receipt of the goods and establishes the holder’s control or title to them. If the receipt is negotiable, title to the stored goods can be transferred by endorsement, and the holder can demand delivery or use the receipt as collateral. A bill of lading is related to goods in transit under a carrier and serves as a document of title for shipments, not for stored goods. A carrier is the transportation provider, not a recording instrument, and bailment describes the relationship created when goods are entrusted to another but does not itself prove ownership or delivery rights.