Bill of lading (B/L) documentation includes which of the following?
A.
Country where goods were produced
B.
Contract for shipping and ownership of goods
C.
Description and terms of sale of goods
D.
Means of payment for import/export of goods
The Answer Is:
B
This question includes an explanation.
Explanation:
A Bill of Lading (B/L) is a crucial document in the shipping and logistics industry. It serves multiple key functions:
Contract for Shipping: The B/L acts as a contract between the shipper and the carrier, detailing the terms and conditions under which the goods will be transported.
Ownership of Goods: It also serves as a document of title, indicating ownership of the goods being shipped. This allows for the transfer of ownership during the shipping process if needed.
Options A (Country where goods were produced), C (Description and terms of sale of goods), and D (Means of payment for import/export of goods) are not primary functions of the Bill of Lading.
References:
"The Transportation and Logistics Industry: A Complete Guide" by William T. Walker
Council of Supply Chain Management Professionals (CSCMP)
CSCP PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 65% Discount on All Products,
Use Coupon: "ac4s65"