The bill of lading in an international commercial transaction is a contract between the _________________ and the ___________________. It serves as a _____________________ and a __________________.

Question

Quizplus · Accepted Answer

The bill of lading in international trade acts as a contract of carriage between the shipper (the party who sends the goods) and the carrier (the party responsible for the transportation of goods). It also serves as a title document, indicating ownership of the goods being transported.

The Bill of Lading in an International Commercial Transaction Is