Which of the following is not a function of a bill of lading?
A) It serves as a receipt for goods.
B) It serves as evidence that the goods specified in the bill of lading are stored in the insured building of the issuer.
C) It is evidence of the contract of carriage.
D) It serves as a document of title.

Question

Quizplus · Accepted Answer

A bill of lading serves as a receipt for goods, is evidence of the contract of carriage, and serves as a document of title. However, it does not serve as evidence that the goods specified in the bill of lading are stored in the insured building of the issuer.

Which of the Following Is Not a Function of a Bill