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WAREHOUSE RECEIPTSA warehouse receipt canserve as a document titlewhen goods are stored ina warehouse. How might awarehouse receipt serveto transfer title?carrier—you can receive possession of them. Both title and risk of losspass to the buyer when the document is delivered to the buyer.One type of document of title is a bill of lading. A bill of ladingis a receipt for shipment of goods given by a transportation company(known as a carrier) to a shipper when the carrier accepts goods forshipment. Another type of document of title is a warehouse receipt. Awarehouse receipt is a document given to a customer by the warehousethat is storing his or her goods.Example 11. Sanchez stored a large quantity of wheat in a grainelevator, and in return, was given a warehouse receipt. Later,Sanchez sold the wheat to Karen. Upon receipt of the money forthe wheat, Sanchez signed and delivered the warehouse receiptto Karen. Karen received title to the wheat when the documentwas delivered to her.Remedies for Breachof Sales ContractThere are some remedies that can be used when there is a breachof a sales contract. These specific remedies for both the buyer and theseller are prescribed by the UCC.Seller’s RemediesSometimes buyers refuse to accept goods after ordering them.Buyers may do so because they are dissatisfied with products theyreceive or because their needs have changed since the time when theyChapter 13: Contracts for the Sale of Goods 281

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