Commercial Law, 2011 Bar — Question 84

MULTIPLE CHOICE

X, creditor of Y, obtained a judgment in his favor in connection with Y's unpaid loan to him. The court's sheriff then levied on the goods that Y stored in T's warehouse, for which the latter issued a warehouse receipt. A month before the levy, however, Z bought the warehouse receipt for value. Who has a better right over the goods? A) T, being the warehouseman with a lien on the goods B) Z, being a purchaser for value of the warehouse receipt C) X, being Y's judgment creditor D) Y, being the owner of the goods

You can write freely without an account. Sign in to reveal the suggested answer and track your progress.