Question

Venerable Company stores office furniture with Warehouse Storage, Inc. (WSI), under a contract that limits the warehouse company's liability for lost or damaged property to $500. Venerable declines the option to pay a higher storage rate for an increase in the liability limit. The furniture is lost through no fault of WSI. The loss is most likely suffered by
A.Venerable and WSI.
B.Venerable only.
C.WSI only.
D.neither Venerable nor WSI.

Answer

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