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Question 2.2. Woody Pyle, a public warehouseman, issued Merlin a negotiable warehouse receipt for fungible...

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Accounting

Question 2.2. Woody Pyle, a public warehouseman, issued Merlin a negotiable warehouse receipt for fungible goods stored. Pyle (Points : 2) May not limit the amount of his liability for his own negligence. Is obligated to deliver the goods to Merlin despite Merlin's improper refusal to pay the storage charges due. Will be absolutely liable for any damages in the absence of a statute or a provision on the warehouse receipt to the contrary.

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