A document issued by railway company acknowledging receipt of goods is known as __a) Bill of lading b) Railway Receiptc) Dock Warrant d) None of these
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b) Railway Receipt
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Answer : (a) Bill of landing
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Explaination :
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A document issued by Railway Company acknowledging receipt of goods is called Bill of landing.
Some following facts about Bill of landing :
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- Bills of landing square measure one amongst 3 crucial documents utilized in international trade to make sure that exporters receive payment and importers receive the merchandise.
- The opposite 2 documents square measure a policy of insurance associate degreed an invoice.
- Whereas a bill of loading is negotiable, each a policy associate degreed an invoice square measure transferable. In international trade outside the U.S.
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