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What is Warehouse Receipts Law Overview about?

The document summarizes key aspects of warehouse receipts law in the Philippines. It discusses that the Warehouse Receipts Law Act covers both public and private warehouses. A warehouse receipt is a written acknowledgment by a warehouseman that they have received and stored goods for the person issued the receipt. Warehouse receipts can be negotiable or non-negotiable depending on if they are delivered to the bearer or a specified person. The duties and liabilities of warehousemen are also outlined.

Author

Christian Parado

Language

EN