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

Question

Quizplus · Accepted Answer

A bill of lading is a legal document that serves as a contract between the shipper and the carrier. It outlines the terms and conditions of the transportation service, including the agreed-upon charge. As such, it is a binding agreement that both parties must adhere to.

When a Bill of Lading Specifies That the Carrier Is