Airway bills of lading must be properly endorsed by the buyer and surrendered to the carrier in order for the buyer to claim the goods.
Correct Answer:
Verified
Q2: In a documentary transaction, a sale of
Q3: Drafts that are paid when presented for
Q4: A "Documents against Acceptance" type of documentary
Q5: The bill of lading is issued by
Q6: In a documentary transaction, the seller is
Q8: A commercial invoice is a bill for
Q9: A certificate of origin is an invoice
Q10: A letter of indemnity allows a carrier
Q11: Generally, insurance certificates are non-negotiable.
Q12: A pro forma invoice is essentially the
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