Which of the following is a document used to give the title of the products to a bank?
A) Bill of lading
B) Letter of credit
C) Draft
D) Promissory note

Name: Which of the following is a document used to give the title of the products to a bank? A) Bill of lading B) Letter of credit C) Draft D) Promissory note
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Question

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Having seen the letter of credit, an exporter can ship the products to another country. Title to the products is given to the bank in the form of a document called a bill of lading.

Which of the Following Is a Document Used to Give