As a ______________,a bill of lading specifies that the carrier is obligated to provide a transportation service in return for a certain charge.
A) contract
B) receipt
C) document of title
D) letter of credit
E) cargo document

Question

Quizplus · Accepted Answer

A bill of lading represents a contract between the carrier and the shipper, specifying the terms and conditions of the transportation service, including the charges and the responsibilities of each party. Therefore, A) contract is the best choice for this definition. B) receipt refers to a document that acknowledges the receipt of goods, while C) document of title implies that the holder of the document owns the goods. D) letter of credit is a payment instrument used to guarantee payment between parties involved in an international trade transaction. E) cargo document is a generic term used to describe any document relating to the transportation of goods.

As a ______________,A Bill of Lading Specifies That the Carrier