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Management · Q108

International Finance and Treasury

Graduate and Post Graduate · Management · question 108

Q108

Bill of Lading is issued by the:

A.
captain of the vessel
B.
shipping company
Answer
C.
customs authorities
D.
consignor

Answer: Option B

Solution

Answer: Option B
Solution:
Bill of Lading is issued by the shipping company. A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper.