DOCUMENT IN INTERNATIONAL TRADE QUIZ (part 3)

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A bill of lading is a record of traded goods which have been received on board. It is a document that establishes an agreement between a shipper and a transportation company for the transportation of goods. Transportation Company (carrier) issues these records to a shipper.

A bill of lading indicates the particular carrier through which the goods have been placed to their final destination, and the conditions for transporting the shipment to its final destination. Land, ocean and air are the means used for bills of lading.

1. This transport document is not negotiable, enabling a carrier to release goods to a designated
consignee without this particular document, what is it?

 
 
 

2. A bill of lading does not serve this function….

 
 
 
 

3. Which bill of lading is issued when the carrier receives the cargo on the vessel with no
evidence of damage?

 
 
 
 

4. A Shipper’s Export Declaration (SED) does not perform this function, which is it?

 
 
 

5. Which is not a purpose of the Shipper’s Export Declaration (SED) form?

 
 
 

Question 1 of 5

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