A Sea Waybill is a non-negotiable document, but is it a document of title?
(1)( ) Yes.
(2)( ) No.
Which of the following is a document of title?______.
A.Cargo receipt
B.Airway bill
C.Charter party bill of lading
D.Bill of lading (Liner)
A.A. document of title
B.B. shipment contact
C.C. evidence of the contract of carriage
D.D. evidence of receipt for the goods
A.The title passes when the shipping arrangements are made
B.The title passes at the time and place of contracting
C.The title passes when the destination of delivery is first mentioned in the contract
D.The title passes when and where the seller delivers the document to the buyer
What transport documents are capable of providing banks with security?
(1)( ) One of document of title is a negotiable B/L.
(2)( ) Another document of title is a negotiable multimodal transport document (MT document or MMTD).
(3)( ) Air Waybill.
(4)( ) Railway Consignment Note.
A.a contract requiring a document of title
B.a shipment contract
C.a destination contract
D.a contract with the term ex-ship
The following are the basic functions of a bill of lading except to act as ______.
A.a receipt for the goods from the shipping company to the exporter
B.a certificate of origin, which certifies that the goods were produced in a particular country
C.a document of title to goods being shipped overseas
D.a quasi negotiable document
A.destination contract
B.letter of credit
C.document of title
D.acceptance draft
Marine Bills of Lading perform a number of functions. Generally,it is( ).
A. receipt for the goods shipped
B. a document of title to the goods
C. evidence of the terms of the contract of affreightment
D. a contract of affreightment