An order bill of lading differs from a straight bill of lading in that, an order bill of lading ________.

Question

Quizplus · Accepted Answer

An order bill of lading is negotiable and can be transferred by endorsement to another party. This gives the transferee greater rights than a straight bill of lading, which is non-negotiable and can only be transferred to the named consignee. The bill of lading is issued by the carrier or agent on behalf of the shipper or exporter, not by the shipper to the carrier.

An Order Bill of Lading Differs from a Straight Bill