Asked by Kathryn Turner on Jun 26, 2024

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A bill of lading is a document that is issued by a person engaged in the business of transporting goods that verifies what?

A) Receipt of the goods for shipment.
B) That the goods are insured.
C) That the goods are properly marked for shipping.
D) That the bank has released the goods to ship.
E) That customs forms are completed.

Bill Of Lading

A document issued by a person engaged in the business of transporting goods that verifies receipt of the goods for shipment.

Transporting Goods

The process of moving products or materials from one place to another by road, rail, sea, or air.

Receipt

A written or electronic acknowledgement that a specific exchange, transaction, or delivery has occurred.

  • Analyze and apply legal principles governing documents of title and their role in the bailment process.
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MS
Muhammad ShabanJun 29, 2024
Final Answer :
A
Explanation :
A bill of lading serves as a receipt issued by the carrier to acknowledge they have received the goods for shipment.