JAMB - Commerce (2024 - No. 17)
Which of the following can be used to establish an importer's title to goods?
cargo receipt
way bill
bill of lading
import license
Giải thích
A bill of lading is a document issued by a carrier or shipping company to acknowledge the receipt of goods for shipment It serves as evidence of the contract of carriage and provides details such as the description of the goods, the names of the shipper and the consignee, the destination, and the terms of shipment. A bill of lading acts as a receipt for the goods and also serves as a document of title, which means it can be used to establish the importer's ownership or right to possess the goods.