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

Question

Quizplus · Accepted Answer

A bill of lading serves as a contract between a carrier and a shipper, detailing the specific goods being transported, the carrier's responsibilities, and the terms of delivery. It also serves as a receipt for the goods and evidence of title. The freight charges are typically included in the terms of the bill of lading. Therefore, option C - bill of lading, is the correct answer. Options A, B, and D (letter of credit, banker's acceptance, and bill of exchange) do not provide a summary of freight charges or convey title to the merchandise.

A ____ Provides a Summary of Freight Charges and Conveys