A _____ is issued to the exporter by the common carrier transporting the merchandise and serves as a receipt, a contract, and a document of title.
A) bill of lading
B) sight draft
C) time draft
D) letter of credit

Question

Quizplus · Accepted Answer

A bill of lading is a document issued by the carrier acknowledging receipt of the merchandise, stating the terms of the agreement for transportation, and serving as a title document, enabling the holder to take possession of the goods upon arrival at the destination.

A _____ Is Issued to the Exporter by the Common