DOCUMENT IN INTERNATIONAL TRADE QUIZ (part 3)
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.