Business Studies, asked by Heuenkwkwbhdjdj, 4 months ago

How bill of lading affect in International business sucess

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Answered by basaksarbhandar2020
2

Answer:

❄⭐ A bill of lading is a legal document between the shipper of goods and the carrier, and details the type, quantity, and destination of the goods being carried. The bill of lading also serves as a receipt of shipment when the goods are delivered at the predetermined destination

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It's a document to provide evidence or proof of shipment. This is extremely important in International Trade as it provides 'title' as to who legally owns the cargo. Moreover, the Bill of Lading acts as evidence of Contract of Carriage, receipt of goods and document of Title to the goods.

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