Which of the following can also function as collateral against loans?
A)Certificate of origin
B)Export declaration
C)License
D)Customs invoice
E)Bill of lading

Question

Quizplus · Accepted Answer

A bill of lading is a document that serves as a receipt of goods shipped, and it is also a document of title that can transfer ownership. Because of this, it can function as collateral against loans. The other choices (certificate of origin, export declaration, license, customs invoice) are important documents in international trade, but they do not typically serve as collateral for loans.

Which of the Following Can Also Function as Collateral Against