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Simple English definitions for legal terms

nonnegotiable document of title

Read a random definition: quantum damnificatus

A quick definition of nonnegotiable document of title:

A nonnegotiable document of title is a written description or declaration of goods that allows the holder, usually a bailee, to receive, hold, and dispose of the document and the goods it covers. This type of document is not transferable and only serves as evidence of the goods it represents. Examples of nonnegotiable documents of title include bills of lading, warehouse receipts, and delivery orders.

A more thorough explanation:

A nonnegotiable document of title is a written description, identification, or declaration of goods that authorizes the holder, usually a bailee, to receive, hold, and dispose of the document and the goods it covers. Unlike a negotiable document of title, a nonnegotiable document of title merely serves as evidence of the goods it covers.

Examples of nonnegotiable documents of title include bills of lading, warehouse receipts, and delivery orders. These documents do not stand for the goods they cover, and any transfer of the goods requires a surrender of the document.

For instance, if a warehouse issues a nonnegotiable warehouse receipt to a customer who stores goods in the warehouse, the receipt serves as evidence of the goods' existence and ownership. The customer cannot transfer the goods to another person without surrendering the receipt to the warehouse.

nonnegotiable bill of lading | non numeratae pecuniae

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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