All bills of lading are negotiable and may be transferred like a check.

Name: All bills of lading are negotiable and may be transferred like a check.
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Question

Quizplus · Accepted Answer

Not all bills of lading are negotiable. Only a negotiable bill of lading can be transferred in a manner similar to a check, allowing the transfer of goods to another party by endorsing the document. Non-negotiable bills of lading do not allow for such transfers.

All Bills of Lading Are Negotiable and May Be Transferred