1.

What do you mean by Bill of lading? Explain its features.

Answer»

Bill of lading is a document issued by the shipping company after the cargo is loaded on the ship. It is an acknowledgement of the receipt of goods by the shipping company.

Features of Bill of lading 

  • It is an acknowledgement of the receipt of goods by the shipping company. 
  • It is a document which shows the title to the goods 
  • It is evidence of the contract of shipment.


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