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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What is a bill of lading? - Commerce

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Question

What is a bill of lading?

Short Note

Solution

Bill of Lading is a document containing the terms and conditions of the contract of carriage. It is issued by the shipping company and signed by the captain of the ship. It acknowledges the receipt of the goods described in it on board the ship. It also serves as n official receipt of goods. It is a document of the title of goods.

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Documents Used in Transportation
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Chapter 14: Transportation - Exercises [Page 138]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 14 Transportation
Exercises | Q III. 1. | Page 138
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