A ____ provides a summary of freight charges and conveys title to the merchandise.

Question

Quizplus · Accepted Answer

A bill of lading is a document provided by a carrier that summarizes the freight charges and serves as proof of shipment and receipt of goods. It also conveys title to the merchandise, meaning that ownership of the goods is transferred from the seller to the buyer. Letters of credit and banker's acceptances are financial instruments used in international trade, while a bill of exchange is a type of negotiable instrument used to pay for goods or services.

A ____ Provides a Summary of Freight Charges and Conveys