Select the one term that best fits each definition.
-A receipt signed by the authorized agent of a transportation company for merchandise received that also serves as a contract for the delivery of the merchandise.
A) bill of lading
B) distribution of net income statement
C) exports
D) imports
E) letter of credit
F) liquidation of a partnership
G) partnership agreement
H) realization
I) time draft
J) trade acceptance

Question

Quizplus · Accepted Answer

A bill of lading is a legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being carried. It serves as a receipt of shipment when the goods are delivered to the predetermined destination and includes terms for transporting the shipment to its final destination.

Select the One Term That Best Fits Each Definition